306 Belmont CirDenver CityTX79323
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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 Denver City at 306 Belmont Cir, Denver City, TX, 79323 priced at $180,000 pairs $1,714/mo rent with $434/mo cash flow after a $881/mo payment. Total monthly income equals $1,714/mo, and annual cash flow comes to $5,208/yr on $59,670 invested. Return on cash invested is 28.64% in year one, and rental yield stands at 11.43% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 150.84% and total cumulative return in cash reaches $90,005. For financing, Ziffy Mortgage’s DSCR program evaluates $1,714/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1111
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79323, Denver City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,492 (67.0%) |
| Renter Occupied HU | 500 (22.5%) |
| Vacant Housing Units | 235 (10.6%) |
| Median Home Value | $195,818 |
| Average Home Value | $201,872 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
257
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Listed by: Janet Acosta • Meraki Home Realty, LLC
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #159673
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.