211 NW 3rd StHappyTX79042
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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 Happy at 211 NW 3rd St, Happy, TX, 79042 with 5% annual appreciation on a $105,000 basis while $805/mo rent supports operations. Total monthly income totals $805/mo and a $514/mo payment preserves $58/mo for cash returns. Annual cash flow comes to $699/yr on $34,808 deployed, and return on cash invested reaches 21.92% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 9.2%. Five-year ROI measures 114.95% and total cumulative return in cash totals $40,010.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $805/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79042, Happy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 514 (100%) |
| Owner Occupied HU | 331 (64.4%) |
| Renter Occupied HU | 105 (20.4%) |
| Vacant Housing Units | 78 (15.2%) |
| Median Home Value | $210,484 |
| Average Home Value | $278,784 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
193
Multi-Family
0
Businesses
29
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Listed by: Konni Murphy • French and Co., REALTORS
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2776
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.