209 37th StSnyderTX79549
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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 Snyder at 209 37th St, Snyder, TX, 79549 uses $58,009 cash to close to unlock $4,921/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $1,654/mo, and a $856/mo payment keeps the spread at $410/mo. Purchase price stands at $174,990, and rental yield measures 11.34% with $1,654/mo rent. Return on cash invested shows 28.39% in year one, and 5% annual appreciation builds toward $48,347 over five years. Five-year ROI reaches 149.63% and total cumulative return in cash records $86,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,654/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79549, Snyder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,292 (100%) |
| Owner Occupied HU | 3,880 (61.7%) |
| Renter Occupied HU | 1,457 (23.2%) |
| Vacant Housing Units | 955 (15.2%) |
| Median Home Value | $136,078 |
| Average Home Value | $190,475 |
Housing Distribution
Address Breakdown
Residential
5,727
Single Family
5,312
Multi-Family
415
Businesses
527
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Listed by: Jennifer Tran • Avignon Realty
Mls Name: NTREIS
Mls ID: #20797456
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.