224 Powell AveDumasTX79029
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 Dumas at 224 Powell Ave, Dumas, TX, 79029 offers $1,364/mo rent that, after a $857/mo payment, leaves $119/mo cash flow. Total monthly income is $1,364/mo, and annual cash flow is $1,429/yr on $58,013 cash. Return on cash invested measures 22.37% in year one, and rental yield stands at 9.35% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 117.34% and total cumulative return in cash reaches $68,071. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,364/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79029, Dumas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,800 (59.0%) |
| Renter Occupied HU | 1,929 (29.9%) |
| Vacant Housing Units | 717 (11.1%) |
| Median Home Value | $161,628 |
| Average Home Value | $192,270 |
Housing Distribution
Address Breakdown
Residential
5,601
Single Family
5,469
Multi-Family
132
Businesses
639
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices