3008 Denison AveSnyderTX79549
Nearby investment properties with comparable rents
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 Snyder at 3008 Denison Ave, Snyder, TX, 79549 priced at $172,500 pairs $1,560/mo rent with $334/mo cash flow after a $844/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $4,003/yr on $57,184 invested. Return on cash invested is 26.91% in year one, and rental yield stands at 10.85% on a $172,500 basis. Equity gained on principal adds $1,113/yr, and 5% annual appreciation accumulates to $47,659 by year five. Five-year ROI measures 141.63% and total cumulative return in cash reaches $80,990. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $844/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79549, Snyder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,292 (100%) |
| Owner Occupied HU | 3,880 (61.7%) |
| Renter Occupied HU | 1,457 (23.2%) |
| Vacant Housing Units | 955 (15.2%) |
| Median Home Value | $136,078 |
| Average Home Value | $190,475 |
Housing Distribution
Address Breakdown
Residential
5,727
Single Family
5,312
Multi-Family
415
Businesses
527
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