214 S Reynolds AveThrockmortonTX76483
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 Throckmorton at 214 S Reynolds Ave, Throckmorton, TX, 76483 offers $828/mo rent that, after a $514/mo payment, leaves $81/mo cash flow. Total monthly income is $828/mo, and annual cash flow is $975/yr on $34,808 cash. Return on cash invested measures 22.71% in year one, and rental yield stands at 9.46% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 119.19% and total cumulative return in cash reaches $41,486. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $828/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76483, Throckmorton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 682 (100%) |
| Owner Occupied HU | 321 (47.1%) |
| Renter Occupied HU | 138 (20.2%) |
| Vacant Housing Units | 223 (32.7%) |
| Median Home Value | $74,048 |
| Average Home Value | $151,246 |
Housing Distribution
Address Breakdown
Residential
220
Single Family
220
Multi-Family
0
Businesses
77
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Listed by: Edward Mcclintick • Joseph Walter Realty, LLC
Mls Name: NTREIS
Mls ID: #21120206