16606 N County Road 1200ShallowaterTX79363
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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 Shallowater at 16606 N County Road 1200, Shallowater, TX, 79363 offers a 8.95% rental yield on a $315,000 purchase with $2,350/mo rent. Total monthly income registers $2,350/mo, and a $1,542/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,317/yr on $104,423 to close, and return on cash invested stands at 21.17% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 110.81% and total cumulative return in cash at $115,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,350/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79363, Shallowater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,492 (100%) |
| Owner Occupied HU | 1,816 (72.9%) |
| Renter Occupied HU | 513 (20.6%) |
| Vacant Housing Units | 163 ( 6.5%) |
| Median Home Value | $276,884 |
| Average Home Value | $310,461 |
Housing Distribution
Address Breakdown
Residential
2,326
Single Family
2,326
Multi-Family
0
Businesses
143
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Listed by: Gina Sutton • Keller Williams Realty
Mls Name: LBMLS
Mls ID: #202561609