1305 S 9th StSlatonTX79364
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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 Slaton at 1305 S 9th St, Slaton, TX, 79364 generates $1,439/mo in rent, after a $1,904/mo payment. Total monthly income is $1,439/mo. Return on cash invested sits at 7.56% in year one, and rental yield is 4.44% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 37.8% and total cumulative return in cash sums $48,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,439/mo property income rather than buyer’s personal income.
Multi Family
Built in 1945
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79364, Slaton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,640 (100%) |
| Owner Occupied HU | 2,230 (61.3%) |
| Renter Occupied HU | 900 (24.7%) |
| Vacant Housing Units | 510 (14.0%) |
| Median Home Value | $135,673 |
| Average Home Value | $193,703 |
Housing Distribution
Address Breakdown
Residential
3,164
Single Family
2,981
Multi-Family
183
Businesses
237
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Listed by: Casey Klingensmith • Reside Real Estate Co.
Mls Name: LBMLS
Mls Provider:
Mls ID: #202501113
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.