231 N 5th AveMundayTX76371
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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 Munday at 231 N 5th Ave, Munday, TX, 76371 listed at $118,000 pairs $944/mo rent with a $578/mo payment to leave $104/mo cash flow. Total monthly income runs $944/mo, and annual cash flow reaches $1,253/yr on $39,117 cash to close. Return on cash invested measures 23.11% in year one, and rental yield registers 9.6% at a $118,000 basis. Equity gained on principal adds $761/yr, and annual property appreciation at 5% supports $32,601 by year five. Five-year ROI tracks 121.31% and total cumulative return in cash totals $47,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $944/mo property income relative to a $578/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76371, Munday, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 490 (63.1%) |
| Renter Occupied HU | 102 (13.1%) |
| Vacant Housing Units | 184 (23.7%) |
| Median Home Value | $73,226 |
| Average Home Value | $124,209 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
454
Multi-Family
0
Businesses
68
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Listed by: Jenna Searcey • City Real Estate
Mls Name: NTREIS
Mls ID: #20500734
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.