2301 40th StSnyderTX79549
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 Snyder at 2301 40th St, Snyder, TX, 79549 generates $1,906/mo in rent and, after a $549/mo payment, leaves $1,108/mo in cash flow. Total monthly income is $1,906/mo, and annual cash flow is $13,300/yr on $37,183 invested. Return on cash invested sits at 55.68% in year one, and rental yield is 20.39% on a $112,165 entry. Equity gained on principal adds $724/yr, while 5% annual appreciation builds toward $30,989 over five years. Five-year ROI reaches 295.96% and total cumulative return in cash sums $110,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,906/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
8,886 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79549, Snyder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,292 (100%) |
| Owner Occupied HU | 3,880 (61.7%) |
| Renter Occupied HU | 1,457 (23.2%) |
| Vacant Housing Units | 955 (15.2%) |
| Median Home Value | $136,078 |
| Average Home Value | $190,475 |
Housing Distribution
Address Breakdown
Residential
5,727
Single Family
5,312
Multi-Family
415
Businesses
527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices