329 S Davis AveStinnettTX79083
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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 Stinnett at 329 S Davis Ave, Stinnett, TX, 79083 with 5% annual appreciation on a $115,000 basis while $878/mo rent supports operations. Total monthly income totals $878/mo and a $563/mo payment preserves $60/mo for cash returns. Annual cash flow comes to $721/yr on $38,123 deployed, and return on cash invested reaches 21.8% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.16%. Five-year ROI measures 114.35% and total cumulative return in cash totals $43,593.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $878/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79083, Stinnett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 973 (100%) |
| Owner Occupied HU | 643 (66.1%) |
| Renter Occupied HU | 147 (15.1%) |
| Vacant Housing Units | 183 (18.8%) |
| Median Home Value | $93,984 |
| Average Home Value | $121,995 |
Housing Distribution
Address Breakdown
Residential
75
Single Family
75
Multi-Family
0
Businesses
67
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Listed by: The Thurman Group • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-1616
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.