304 W Alameda StIowa ParkTX76367
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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 Iowa Park at 304 W Alameda St, Iowa Park, TX, 76367 earns $2,673/mo cash flow from $3,455/mo rent with a $538/mo payment. Total monthly income totals $3,455/mo, and annual cash flow totals $32,078/yr on $36,465 capital. ROI tracks 107.88% on current figures, and rental yield reads 37.69% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 575.93% and total cumulative return in cash sums $210,012. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,455/mo property income instead of your personal income.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76367, Iowa Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,226 (100%) |
| Owner Occupied HU | 3,191 (75.5%) |
| Renter Occupied HU | 771 (18.2%) |
| Vacant Housing Units | 264 ( 6.2%) |
| Median Home Value | $192,809 |
| Average Home Value | $217,260 |
Housing Distribution
Address Breakdown
Residential
4,072
Single Family
4,054
Multi-Family
18
Businesses
253
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Listed by: Amanda Christensen • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20912225
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.