1712 Madison AveDumasTX79029
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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 Dumas at 1712 Madison Ave, Dumas, TX, 79029 priced at $496,500 pairs $4,025/mo rent with $494/mo cash flow after a $2,430/mo payment. Total monthly income equals $4,025/mo, and annual cash flow comes to $5,933/yr on $164,590 invested. Return on cash invested is 23.51% in year one, and rental yield stands at 9.73% on a $496,500 basis. Equity gained on principal adds $3,204/yr, and 5% annual appreciation accumulates to $137,174 by year five. Five-year ROI measures 123.4% and total cumulative return in cash reaches $203,101. For financing, Ziffy Mortgage’s DSCR program evaluates $4,025/mo property income against a $2,430/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
4,380 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79029, Dumas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,800 (59.0%) |
| Renter Occupied HU | 1,929 (29.9%) |
| Vacant Housing Units | 717 (11.1%) |
| Median Home Value | $161,628 |
| Average Home Value | $192,270 |
Housing Distribution
Address Breakdown
Residential
5,601
Single Family
5,469
Multi-Family
132
Businesses
639
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Listed by: Leticia Willis • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #23-8229
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.