204 Avenue LSunrayTX79086
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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 Sunray at 204 Avenue L, Sunray, TX, 79086 generates $1,085/mo in rent and, after a $661/mo payment, leaves $125/mo in cash flow. Total monthly income is $1,085/mo, and annual cash flow is $1,497/yr on $44,753 invested. Return on cash invested sits at 23.25% in year one, and rental yield is 9.64% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 122.01% and total cumulative return in cash sums $54,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,085/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79086, Sunray, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 809 (100%) |
| Owner Occupied HU | 513 (63.4%) |
| Renter Occupied HU | 188 (23.2%) |
| Vacant Housing Units | 108 (13.3%) |
| Median Home Value | $161,796 |
| Average Home Value | $198,894 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
76
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