138 Nueces 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 138 Nueces St, Hereford, TX, 79045 listed at $226,600 pairs $3,082/mo rent with a $1,109/mo payment to leave $1,408/mo cash flow. Total monthly income runs $3,082/mo, and annual cash flow reaches $16,894/yr on $75,118 cash to close. Return on cash invested measures 42.4% in year one, and rental yield registers 16.32% at a $226,600 basis. Equity gained on principal adds $1,462/yr, and annual property appreciation at 5% supports $62,605 by year five. Five-year ROI tracks 225.03% and total cumulative return in cash totals $169,039. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,082/mo property income relative to a $1,109/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.31 Acres 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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