404 Elm AveDumasTX79029
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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 Dumas at 404 Elm Ave, Dumas, TX, 79029 earns $639/mo cash flow from $1,742/mo rent with a $759/mo payment. Total monthly income totals $1,742/mo, and annual cash flow totals $7,673/yr on $51,383 capital. ROI tracks 34.84% on current figures, and rental yield reads 13.49% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 184.18% and total cumulative return in cash sums $94,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,742/mo property income instead of your personal income.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79029, Dumas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,800 (59.0%) |
| Renter Occupied HU | 1,929 (29.9%) |
| Vacant Housing Units | 717 (11.1%) |
| Median Home Value | $161,628 |
| Average Home Value | $192,270 |
Housing Distribution
Address Breakdown
Residential
5,601
Single Family
5,469
Multi-Family
132
Businesses
639
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Listed by: Jeanette Gonzales • Berkshire Hathaway HomeServices Premier Properties
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6210
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.