1623 N 2nd StTahokaTX79373
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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 Tahoka at 1623 N 2nd St, Tahoka, TX, 79373 offers a 11.03% rental yield on a $124,000 purchase with $1,140/mo rent. Total monthly income registers $1,140/mo, and a $607/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,098/yr on $41,106 to close, and return on cash invested stands at 27.44% in year one. Equity gained on principal adds $800/yr while 5% annual appreciation supports $34,259 over five years. Portfolio math shows five-year ROI at 144.57% and total cumulative return in cash at $59,427. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $607/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79373, Tahoka, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 994 (64.8%) |
| Renter Occupied HU | 288 (18.8%) |
| Vacant Housing Units | 252 (16.4%) |
| Median Home Value | $121,765 |
| Average Home Value | $174,449 |
Housing Distribution
Address Breakdown
Residential
698
Single Family
698
Multi-Family
0
Businesses
91
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Listed by: Patricia Reynolds • Century 21 Kearney & Associate
Mls Name: LBMLS
Mls Provider:
Mls ID: #202500195
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.