306 W Aspen StCrosbytonTX79322
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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 Crosbyton at 306 W Aspen St, Crosbyton, TX, 79322 generates $1,252/mo in rent, after a $2,932/mo payment. Total monthly income is $1,252/mo. Return on cash invested sits at 1.75% in year one, and rental yield is 2.51% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 6.64% and total cumulative return in cash sums $13,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,252/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79322, Crosbyton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 914 (100%) |
| Owner Occupied HU | 541 (59.2%) |
| Renter Occupied HU | 176 (19.3%) |
| Vacant Housing Units | 197 (21.6%) |
| Median Home Value | $74,268 |
| Average Home Value | $95,559 |
Housing Distribution
Address Breakdown
Residential
713
Single Family
692
Multi-Family
21
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.