400 E Main StKnox CityTX79529
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 Knox City at 400 E Main St, Knox City, TX, 79529 listed at $170,000 pairs $4,320/mo rent with a $832/mo payment to leave $3,111/mo cash flow. Total monthly income runs $4,320/mo, and annual cash flow reaches $37,334/yr on $56,355 cash to close. Return on cash invested measures 86.16% in year one, and rental yield registers 30.49% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 459.38% and total cumulative return in cash totals $258,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,320/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79529, Knox City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 630 (100%) |
| Owner Occupied HU | 382 (60.6%) |
| Renter Occupied HU | 92 (14.6%) |
| Vacant Housing Units | 156 (24.8%) |
| Median Home Value | $63,824 |
| Average Home Value | $79,581 |
Housing Distribution
Address Breakdown
Residential
356
Single Family
356
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis Miller • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20902854
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.