2405 N 3rd StTahokaTX79373
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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 Tahoka at 2405 N 3rd St, Tahoka, TX, 79373 uses $41,106 cash to close to unlock $3,098/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $607/mo payment keeps the spread at $258/mo. Purchase price stands at $124,000, and rental yield measures 11.03% with $1,140/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 144.57% and total cumulative return in cash records $59,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $607/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79373, Tahoka, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 994 (64.8%) |
| Renter Occupied HU | 288 (18.8%) |
| Vacant Housing Units | 252 (16.4%) |
| Median Home Value | $121,765 |
| Average Home Value | $174,449 |
Housing Distribution
Address Breakdown
Residential
698
Single Family
698
Multi-Family
0
Businesses
91
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