3213 40th StSnyderTX79549
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 Snyder at 3213 40th St, Snyder, TX, 79549 uses $53,703 cash to close to unlock $1,019/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,237/mo, and a $793/mo payment keeps the spread at $85/mo. Purchase price stands at $162,000, and rental yield measures 9.16% with $1,237/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 114.19% and total cumulative return in cash records $61,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,237/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1952
7,492 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terri Collum • Epique Realty LLC
Mls Name: NTREIS
Mls ID: #20887913
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.