214 S Itasca StPlainviewTX79072
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 Plainview at 214 S Itasca St, Plainview, TX, 79072 priced at $170,000 converts $1,439/mo rent into $230/mo cash flow after a $832/mo obligation. Total monthly income equals $1,439/mo, and annual cash flow totals $2,762/yr on $56,355 invested. Return on cash invested prints 24.81% in year one, and rental yield reads 10.16% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 130.38% and total cumulative return in cash sums $73,473. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,439/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1981
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79072, Plainview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,330 (100%) |
| Owner Occupied HU | 5,531 (53.5%) |
| Renter Occupied HU | 3,249 (31.5%) |
| Vacant Housing Units | 1,550 (15.0%) |
| Median Home Value | $127,117 |
| Average Home Value | $173,343 |
Housing Distribution
Address Breakdown
Residential
8,773
Single Family
8,193
Multi-Family
580
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices