413 E Elm StDenver CityTX79323
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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 Denver City at 413 E Elm St, Denver City, TX, 79323 offers a 9.28% rental yield on a $145,000 purchase with $1,121/mo rent. Total monthly income registers $1,121/mo, and a $710/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,075/yr on $48,068 to close, and return on cash invested stands at 22.15% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 116.08% and total cumulative return in cash at $55,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,121/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
6,534 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
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Listed by: Hillary Hunt • Hunt Realty
Mls Name: LBMLS
Mls ID: #202600101