2703 Kermit DrPlainviewTX79072
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
Investment property for sale in Plainview at 2703 Kermit Dr, Plainview, TX, 79072 listed at $177,500 pairs $1,532/mo rent with a $869/mo payment to leave $270/mo cash flow. Total monthly income runs $1,532/mo, and annual cash flow reaches $3,234/yr on $58,841 cash to close. Return on cash invested measures 25.41% in year one, and rental yield registers 10.36% at a $177,500 basis. Equity gained on principal adds $1,145/yr, and annual property appreciation at 5% supports $49,040 by year five. Five-year ROI tracks 133.58% and total cumulative return in cash totals $78,600. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,532/mo property income relative to a $869/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79072, Plainview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,330 (100%) |
| Owner Occupied HU | 5,531 (53.5%) |
| Renter Occupied HU | 3,249 (31.5%) |
| Vacant Housing Units | 1,550 (15.0%) |
| Median Home Value | $127,117 |
| Average Home Value | $173,343 |
Housing Distribution
Address Breakdown
Residential
8,773
Single Family
8,193
Multi-Family
580
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices