202 W 2nd StClaudeTX79019
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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 Claude at 202 W 2nd St, Claude, TX, 79019 priced at $105,000 converts $1,823/mo rent into $1,076/mo cash flow after a $514/mo obligation. Total monthly income equals $1,823/mo, and annual cash flow totals $12,915/yr on $34,808 invested. Return on cash invested prints 57.01% in year one, and rental yield reads 20.83% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 303.15% and total cumulative return in cash sums $105,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,823/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1945
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79019, Claude, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 544 (72.8%) |
| Renter Occupied HU | 116 (15.5%) |
| Vacant Housing Units | 87 (11.6%) |
| Median Home Value | $203,543 |
| Average Home Value | $259,591 |
Housing Distribution
Address Breakdown
Residential
268
Single Family
268
Multi-Family
0
Businesses
64
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Listed by: Twila Baldwin • Coldwell Banker First Equity
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5592
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.