3 Fannin DrTuliaTX79088
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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 Tulia at 3 Fannin Dr, Tulia, TX, 79088 priced at $165,000 pairs $1,512/mo rent with $338/mo cash flow after a $808/mo payment. Total monthly income equals $1,512/mo, and annual cash flow comes to $4,059/yr on $54,698 invested. Return on cash invested is 27.33% in year one, and rental yield stands at 11% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 143.92% and total cumulative return in cash reaches $78,719. For financing, Ziffy Mortgage’s DSCR program evaluates $1,512/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79088, Tulia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,217 (55.1%) |
| Renter Occupied HU | 591 (26.8%) |
| Vacant Housing Units | 400 (18.1%) |
| Median Home Value | $102,232 |
| Average Home Value | $167,136 |
Housing Distribution
Address Breakdown
Residential
1,814
Single Family
1,814
Multi-Family
0
Businesses
188
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Listed by: Apryll Van Pelt • Van Pelt Real Estate
Mls Name: Plainview AOR
Mls Provider:
Mls ID: #25-34
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.