309 NE 4th StAndrewsTX79714
Nearby investment properties with comparable rents
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 Andrews at 309 NE 4th St, Andrews, TX, 79714 offers a 10.53% rental yield on a $155,000 purchase with $1,360/mo rent. Total monthly income registers $1,360/mo, and a $759/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,089/yr on $51,383 to close, and return on cash invested stands at 25.92% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 136.37% and total cumulative return in cash at $70,072. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,360/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79714, Andrews, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,273 (100%) |
| Owner Occupied HU | 4,822 (66.3%) |
| Renter Occupied HU | 1,690 (23.2%) |
| Vacant Housing Units | 761 (10.5%) |
| Median Home Value | $230,372 |
| Average Home Value | $261,570 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,095
Multi-Family
167
Businesses
767
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