1307 W 6th StPlainviewTX79072
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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 Plainview at 1307 W 6th St, Plainview, TX, 79072 priced at $629,900 pairs $3,041/mo rent with after a $3,083/mo payment. Total monthly income equals $3,041/mo. Return on cash invested is 8.96% in year one, and rental yield stands at 5.79% on a $629,900 basis. Equity gained on principal adds $4,065/yr, and 5% annual appreciation accumulates to $174,030 by year five. Five-year ROI measures 46.34% and total cumulative return in cash reaches $96,039. For financing, Ziffy Mortgage’s DSCR program evaluates $3,041/mo property income against a $3,083/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79072, Plainview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,330 (100%) |
| Owner Occupied HU | 5,531 (53.5%) |
| Renter Occupied HU | 3,249 (31.5%) |
| Vacant Housing Units | 1,550 (15.0%) |
| Median Home Value | $127,117 |
| Average Home Value | $173,343 |
Housing Distribution
Address Breakdown
Residential
8,773
Single Family
8,193
Multi-Family
580
Businesses
777
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Listed by: Marlen S. Estrada • Fathom Realty
Mls Name: Plainview AOR
Mls Provider:
Mls ID: #25-172
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.