1560 State Highway 214PlainsTX79355
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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 Plains at 1560 State Highway 214, Plains, TX, 79355 generates $2,476/mo in rent, after a $1,713/mo payment. Total monthly income is $2,476/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 8.49% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 103.37% and total cumulative return in cash sums $119,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,476/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
6.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79355, Plains, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 508 (66.8%) |
| Renter Occupied HU | 140 (18.4%) |
| Vacant Housing Units | 112 (14.7%) |
| Median Home Value | $164,931 |
| Average Home Value | $180,039 |
Housing Distribution
Address Breakdown
Residential
69
Single Family
69
Multi-Family
0
Businesses
81
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