2922 Scown DrDenver CityTX79323
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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
Total monthly income runs $2,714/mo, and a $2,017/mo payment. Purchase price stands at $412,000, and rental yield measures 7.9% with $2,714/mo rent. Return on cash invested shows 18.01% in year one, and 5% annual appreciation builds toward $113,828 over five years. Five-year ROI reaches 93.86% and total cumulative return in cash records $128,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,714/mo property income covering a $2,017/mo payment rather than investor’s personal income.
Single Family
Built in 1984
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79323, Denver City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,492 (67.0%) |
| Renter Occupied HU | 500 (22.5%) |
| Vacant Housing Units | 235 (10.6%) |
| Median Home Value | $195,818 |
| Average Home Value | $201,872 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
257
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Listed by: Breeann Thornton • Avenue Real Estate
Mls Name: LBMLS
Mls Provider:
Mls ID: #202557644
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.