300 Pecan AvePanhandleTX79068
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Nearby investment properties with comparable prices
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 300 Pecan Ave, Panhandle, TX, 79068 offers $2,515/mo rent that, after a $1,463/mo payment, leaves $389/mo cash flow. Total monthly income is $2,515/mo, and annual cash flow is $4,671/yr on $99,119 cash. Return on cash invested measures 24.62% in year one, and rental yield stands at 10.09% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 129.35% and total cumulative return in cash reaches $128,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,515/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.32 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
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Listed by: Kelly Lane • Llano Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6473
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.