301 Park AvePanhandleTX79068
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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 301 Park Ave, Panhandle, TX, 79068 priced at $289,900 pairs $1,595/mo rent with after a $1,419/mo payment. Total monthly income equals $1,595/mo. Return on cash invested is 14.08% in year one, and rental yield stands at 6.6% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 72.83% and total cumulative return in cash reaches $69,993. For financing, Ziffy Mortgage’s DSCR program evaluates $1,595/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1972
N/A 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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