214 E 6th StIdalouTX79329
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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 Idalou at 214 E 6th St, Idalou, TX, 79329 uses $58,012 cash to close to unlock $1,165/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $1,342/mo, and a $857/mo payment keeps the spread at $97/mo. Purchase price stands at $174,999, and rental yield measures 9.2% with $1,342/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 114.92% and total cumulative return in cash records $66,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,342/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1959
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79329, Idalou, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 1,027 (68.1%) |
| Renter Occupied HU | 331 (21.9%) |
| Vacant Housing Units | 151 (10.0%) |
| Median Home Value | $241,230 |
| Average Home Value | $283,123 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
90
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