306 W Washington AveIowa ParkTX76367
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Nearby investment properties with comparable prices
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 306 W Washington Ave, Iowa Park, TX, 76367 at $139,500 posts ROI 22.89% with $115/mo cash flow from $1,107/mo rent. Total monthly income equals $1,107/mo, and annual cash flow records $1,377/yr on $46,244 to close. Return on cash invested measures 22.89% and rental yield reads 9.52% at the current $139,500. Equity gained on principal adds $900/yr, and 5% annual appreciation supports $38,541 by year five. Five-year ROI prints 120.04% and total cumulative return in cash totals $55,509.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
8,712 sqft 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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