1244 Walnut StColorado CityTX79512
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Colorado City at 1244 Walnut St, Colorado City, TX, 79512 generates $810/mo in rent, after a $729/mo payment. Total monthly income is $810/mo. Return on cash invested sits at 13.85% in year one, and rental yield is 6.52% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 71.58% and total cumulative return in cash sums $35,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $810/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79512, Colorado City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 1,639 (53.0%) |
| Renter Occupied HU | 678 (21.9%) |
| Vacant Housing Units | 773 (25.0%) |
| Median Home Value | $93,548 |
| Average Home Value | $164,599 |
Housing Distribution
Address Breakdown
Residential
2,490
Single Family
2,490
Multi-Family
0
Businesses
293
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Listed by: Chris Beckett Broker Owner CRS GRI ASR e-Pro • Pine & Beckett - Chris Beckett
Mls Name: PBBR
Mls ID: #50086618