419 Avenue GHerefordTX79045
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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
Rental property for sale in Hereford at 419 Avenue G, Hereford, TX, 79045 priced at $178,900 pairs $1,440/mo rent with $167/mo cash flow after a $876/mo payment. Total monthly income equals $1,440/mo, and annual cash flow comes to $2,009/yr on $59,305 invested. Return on cash invested is 23.3% in year one, and rental yield stands at 9.66% on a $178,900 basis. Equity gained on principal adds $1,154/yr, and 5% annual appreciation accumulates to $49,427 by year five. Five-year ROI measures 122.27% and total cumulative return in cash reaches $72,511. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79045, Hereford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,047 (100%) |
| Owner Occupied HU | 4,033 (57.2%) |
| Renter Occupied HU | 2,262 (32.1%) |
| Vacant Housing Units | 752 (10.7%) |
| Median Home Value | $125,034 |
| Average Home Value | $177,837 |
Housing Distribution
Address Breakdown
Residential
6,507
Single Family
6,198
Multi-Family
309
Businesses
789
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Listed by: Patrick Mends Forkpa • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6921
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.