2004 Rice DrLevellandTX79336
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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 Levelland at 2004 Rice Dr, Levelland, TX, 79336 listed at $394,900 pairs $882/mo rent with a $1,933/mo payment. Total monthly income runs $882/mo. Return on cash invested measures 2.25% in year one, and rental yield registers 2.68% at a $394,900 basis. Equity gained on principal adds $2,548/yr, and annual property appreciation at 5% supports $109,104 by year five. Five-year ROI tracks 9.37% and total cumulative return in cash totals $12,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $882/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79336, Levelland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,131 (100%) |
| Owner Occupied HU | 4,343 (60.9%) |
| Renter Occupied HU | 1,773 (24.9%) |
| Vacant Housing Units | 1,015 (14.2%) |
| Median Home Value | $147,185 |
| Average Home Value | $220,218 |
Housing Distribution
Address Breakdown
Residential
6,490
Single Family
6,371
Multi-Family
119
Businesses
643
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Listed by: Haylee Hutto • Jackson Real Estate Company
Mls Name: LBMLS
Mls Provider:
Mls ID: #202553059
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.