202 W 9th StDenver CityTX79323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Denver City at 202 W 9th St, Denver City, TX, 79323 generates $1,405/mo in rent and, after a $734/mo payment, leaves $339/mo in cash flow. Total monthly income is $1,405/mo, and annual cash flow is $4,062/yr on $49,725 invested. Return on cash invested sits at 28.08% in year one, and rental yield is 11.24% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 147.9% and total cumulative return in cash sums $73,542. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,405/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79323, Denver City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,492 (67.0%) |
| Renter Occupied HU | 500 (22.5%) |
| Vacant Housing Units | 235 (10.6%) |
| Median Home Value | $195,818 |
| Average Home Value | $201,872 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hillary Hunt • Hunt Realty
Mls Name: LBMLS
Mls ID: #202560991