406 N Ave EDenver CityTX79323
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 Denver City at 406 N Ave E, Denver City, TX, 79323 with 5% annual appreciation on a $120,000 basis while $1,050/mo rent supports operations. Total monthly income totals $1,050/mo and a $587/mo payment preserves $197/mo for cash returns. Annual cash flow comes to $2,364/yr on $39,780 deployed, and return on cash invested reaches 25.85% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 10.5%. Five-year ROI measures 135.92% and total cumulative return in cash totals $54,067.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,050/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79323, Denver City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,492 (67.0%) |
| Renter Occupied HU | 500 (22.5%) |
| Vacant Housing Units | 235 (10.6%) |
| Median Home Value | $195,818 |
| Average Home Value | $201,872 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hillary Hunt • Hunt Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202416612
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.