308 Locust StFarnsworthTX79033
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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 Farnsworth at 308 Locust St, Farnsworth, TX, 79033 listed at $200,000 pairs $0/mo rent with a $979/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5.83% in year one, and rental yield registers 0% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79033, Farnsworth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 42 (100%) |
| Owner Occupied HU | 29 (69.0%) |
| Renter Occupied HU | 4 ( 9.5%) |
| Vacant Housing Units | 9 (21.4%) |
| Median Home Value | $303,333 |
| Average Home Value | $272,069 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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No similar rental properties found nearby.
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Listed by: Bryce Hale • Perryton Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-8141
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.