340 N 7th AveMundayTX76371
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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 Munday at 340 N 7th Ave, Munday, TX, 76371 uses $35,139 cash to close to unlock $20,844/yr annual cash flow and $1,737/mo monthly cash flow. Total monthly income runs $2,491/mo, and a $519/mo payment keeps the spread at $1,737/mo. Purchase price stands at $106,000, and rental yield measures 28.2% with $2,491/mo rent. Return on cash invested shows 79.23% in year one, and 5% annual appreciation builds toward $29,286 over five years. Five-year ROI reaches 422.28% and total cumulative return in cash records $148,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,491/mo property income covering a $519/mo payment rather than investor’s personal income.
Single Family
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76371, Munday, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 490 (63.1%) |
| Renter Occupied HU | 102 (13.1%) |
| Vacant Housing Units | 184 (23.7%) |
| Median Home Value | $73,226 |
| Average Home Value | $124,209 |
Housing Distribution
Address Breakdown
Residential
454
Single Family
454
Multi-Family
0
Businesses
68
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Listed by: Heather Cash • Hirschi Realtors
Mls Name: WFAR
Mls Provider:
Mls ID: #174158
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