304 Locust StDarrouzettTX79024
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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 Darrouzett at 304 Locust St, Darrouzett, TX, 79024 offers $0/mo rent that, after a $587/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.84% in year one, and rental yield stands at 0% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79024, Darrouzett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 182 (100%) |
| Owner Occupied HU | 101 (55.5%) |
| Renter Occupied HU | 35 (19.2%) |
| Vacant Housing Units | 46 (25.3%) |
| Median Home Value | $156,944 |
| Average Home Value | $241,163 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Hailey Callaway • Mesquite Homes
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3583
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.