316 N Soland AveDenver CityTX79323
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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 Denver City at 316 N Soland Ave, Denver City, TX, 79323 generates $1,124/mo in rent and, after a $734/mo payment, leaves $58/mo in cash flow. Total monthly income is $1,124/mo, and annual cash flow is $693/yr on $49,692 invested. Return on cash invested sits at 21.3% in year one, and rental yield is 9% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 111.54% and total cumulative return in cash sums $55,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,124/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79323, Denver City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,492 (67.0%) |
| Renter Occupied HU | 500 (22.5%) |
| Vacant Housing Units | 235 (10.6%) |
| Median Home Value | $195,818 |
| Average Home Value | $201,872 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
257
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Listed by: Raul Castillo • Home Charm Realty, LLC
Mls Name: Odessa BOR
Mls ID: #164428