3101 Fm 367 EIowa ParkTX76367
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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 Iowa Park at 3101 Fm 367 E, Iowa Park, TX, 76367 generates $1,590/mo in rent, after a $1,713/mo payment. Total monthly income is $1,590/mo. Return on cash invested sits at 10.61% in year one, and rental yield is 5.45% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 54.24% and total cumulative return in cash sums $62,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,590/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
5 Acres 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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Listed by: Brittany Ratliff • Murray And Co.
Mls Name: WFAR
Mls Provider:
Mls ID: #179247
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