293 FmPanhandleTX79068
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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 Panhandle at 293 Fm, Panhandle, TX, 79068 generates $1,110/mo in rent, after a $6,265/mo payment. Total monthly income is $1,110/mo. Return on cash invested sits at -2.76% in year one, and rental yield is 1.04% on a $1,280,000 entry. Equity gained on principal adds $8,260/yr, while 5% annual appreciation builds toward $353,640 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,110/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
160 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79068, Panhandle, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 978 (70.9%) |
| Renter Occupied HU | 259 (18.8%) |
| Vacant Housing Units | 142 (10.3%) |
| Median Home Value | $178,728 |
| Average Home Value | $177,689 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Mark Roberson • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5766
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.