129 Beach StHerefordTX79045
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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
Investment property for sale in Hereford at 129 Beach St, Hereford, TX, 79045 listed at $149,950 pairs $2,623/mo rent with a $734/mo payment to leave $1,557/mo cash flow. Total monthly income runs $2,623/mo, and annual cash flow reaches $18,679/yr on $49,708 cash to close. Return on cash invested measures 57.49% in year one, and rental yield registers 20.99% at a $149,950 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,428 by year five. Five-year ROI tracks 305.6% and total cumulative return in cash totals $151,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,623/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
8,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79045, Hereford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,047 (100%) |
| Owner Occupied HU | 4,033 (57.2%) |
| Renter Occupied HU | 2,262 (32.1%) |
| Vacant Housing Units | 752 (10.7%) |
| Median Home Value | $125,034 |
| Average Home Value | $177,837 |
Housing Distribution
Address Breakdown
Residential
6,507
Single Family
6,198
Multi-Family
309
Businesses
789
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Listed by: Mark S Andrews • The Mark Andrews Agency
Mls Name: TAR MLS
Mls ID: #210494
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-14 15:53:50 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.