374 County Road 307PanhandleTX79068
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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 Panhandle at 374 County Road 307, Panhandle, TX, 79068 uses $98,157 cash to close to unlock $11,036/yr annual cash flow and $920/mo monthly cash flow. Total monthly income runs $3,025/mo, and a $1,449/mo payment keeps the spread at $920/mo. Purchase price stands at $296,100, and rental yield measures 12.26% with $3,025/mo rent. Return on cash invested shows 31.15% in year one, and 5% annual appreciation builds toward $81,807 over five years. Five-year ROI reaches 164.34% and total cumulative return in cash records $161,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,025/mo property income covering a $1,449/mo payment rather than investor’s personal income.
Single Family
Built in 1987
4.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79068, Panhandle, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 978 (70.9%) |
| Renter Occupied HU | 259 (18.8%) |
| Vacant Housing Units | 142 (10.3%) |
| Median Home Value | $178,728 |
| Average Home Value | $177,689 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
99
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