2903 Denison AveSnyderTX79549
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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
Rental property for sale in Snyder at 2903 Denison Ave, Snyder, TX, 79549 generates $1,560/mo in rent, after a $1,566/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at 11.82% in year one, and rental yield is 5.85% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 60.67% and total cumulative return in cash sums $64,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.41 Acres 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
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