2803 W 18th StPlainviewTX79072
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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 Plainview at 2803 W 18th St, Plainview, TX, 79072 uses $60,499 cash to close to unlock $1,734/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $1,442/mo, and a $893/mo payment keeps the spread at $144/mo. Purchase price stands at $182,500, and rental yield measures 9.48% with $1,442/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $50,421 over five years. Five-year ROI reaches 119.46% and total cumulative return in cash records $72,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,442/mo property income covering a $893/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.26 Acres 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
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