1981 County Road 1048MuleshoeTX79347
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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 Muleshoe at 1981 County Road 1048, Muleshoe, TX, 79347 listed at $225,000 pairs $1,480/mo rent with a $1,101/mo payment. Total monthly income runs $1,480/mo. Return on cash invested measures 17.98% in year one, and rental yield registers 7.89% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 93.76% and total cumulative return in cash totals $69,933. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,480/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
121 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79347, Muleshoe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,915 (100%) |
| Owner Occupied HU | 1,647 (56.5%) |
| Renter Occupied HU | 860 (29.5%) |
| Vacant Housing Units | 408 (14.0%) |
| Median Home Value | $117,323 |
| Average Home Value | $192,347 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
2,519
Multi-Family
50
Businesses
339
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Listed by: Krystal Nelson • Scott Land Co., LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-8033
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.