1315 Mustang DrDenver CityTX79323
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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 Denver City at 1315 Mustang Dr, Denver City, TX, 79323 with 5% annual appreciation on a $215,000 basis while $1,050/mo rent supports operations. 81% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 5.86%. Five-year ROI measures 45.65% and total cumulative return in cash totals $32,533. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,050/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79323, Denver City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,492 (67.0%) |
| Renter Occupied HU | 500 (22.5%) |
| Vacant Housing Units | 235 (10.6%) |
| Median Home Value | $195,818 |
| Average Home Value | $201,872 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
257
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Listed by: Lia Irvin • Condor Property Group
Mls Name: LBMLS
Mls Provider:
Mls ID: #202413559
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.