1602 E 14th StSweetwaterTX79556
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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 Sweetwater at 1602 E 14th St, Sweetwater, TX, 79556 uses $46,410 cash to close to unlock $470/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $1,094/mo, and a $685/mo payment keeps the spread at $39/mo. Purchase price stands at $140,000, and rental yield measures 9.38% with $1,094/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 110.12% and total cumulative return in cash records $51,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,094/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1995
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79556, Sweetwater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,129 (100%) |
| Owner Occupied HU | 3,203 (52.3%) |
| Renter Occupied HU | 1,771 (28.9%) |
| Vacant Housing Units | 1,155 (18.8%) |
| Median Home Value | $115,486 |
| Average Home Value | $163,313 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
4,830
Multi-Family
315
Businesses
639
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Listed by: Cheyanne Mahaffey • PerFit Realty LLC
Mls Name: NTREIS
Mls ID: #20774767
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.