300 Mesa CirPlainviewTX79072
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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 300 Mesa Cir, Plainview, TX, 79072 uses $111,848 cash to close to unlock $5,807/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $3,254/mo, and a $1,651/mo payment keeps the spread at $484/mo. Purchase price stands at $337,400, and rental yield measures 11.57% with $3,254/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $93,217 over five years. Five-year ROI reaches 133.33% and total cumulative return in cash records $149,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,254/mo property income covering a $1,651/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.27 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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Listed by: Cyndy Walter • Billington Real Estate
Mls Name: Plainview AOR
Mls Provider:
Mls ID: #24-114
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.