308 31st StSnyderTX79549
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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 Snyder at 308 31st St, Snyder, TX, 79549 listed at $119,500 pairs $1,463/mo rent with a $585/mo payment to leave $606/mo cash flow. Total monthly income runs $1,463/mo, and annual cash flow reaches $7,266/yr on $39,614 cash to close. Return on cash invested measures 38.25% in year one, and rental yield registers 14.69% at a $119,500 basis. Equity gained on principal adds $771/yr, and annual property appreciation at 5% supports $33,016 by year five. Five-year ROI tracks 202.55% and total cumulative return in cash totals $80,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,463/mo property income relative to a $585/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79549, Snyder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,292 (100%) |
| Owner Occupied HU | 3,880 (61.7%) |
| Renter Occupied HU | 1,457 (23.2%) |
| Vacant Housing Units | 955 (15.2%) |
| Median Home Value | $136,078 |
| Average Home Value | $190,475 |
Housing Distribution
Address Breakdown
Residential
5,727
Single Family
5,312
Multi-Family
415
Businesses
527
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