1319 N Cedar StBrownfieldTX79316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brownfield at 1319 N Cedar St, Brownfield, TX, 79316 uses $112,379 cash to close to unlock $8,995/yr annual cash flow and $750/mo monthly cash flow. Total monthly income runs $3,160/mo, and a $1,659/mo payment keeps the spread at $750/mo. Purchase price stands at $339,000, and rental yield measures 11.19% with $3,160/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 146.99% and total cumulative return in cash records $165,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,160/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79316, Brownfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,297 (100%) |
| Owner Occupied HU | 2,421 (56.3%) |
| Renter Occupied HU | 1,153 (26.8%) |
| Vacant Housing Units | 723 (16.8%) |
| Median Home Value | $114,933 |
| Average Home Value | $142,074 |
Housing Distribution
Address Breakdown
Residential
3,805
Single Family
3,610
Multi-Family
195
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tess Hernandez • Reside Real Estate Co.
Mls Name: LBMLS
Mls ID: #202563881