437 Avenue HHerefordTX79045
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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 Hereford at 437 Avenue H, Hereford, TX, 79045 with 5% annual appreciation on a $145,000 basis while $2,645/mo rent supports operations. Total monthly income totals $2,645/mo and a $710/mo payment preserves $1,614/mo for cash returns. Annual cash flow comes to $19,363/yr on $48,068 deployed, and return on cash invested reaches 60.19% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 21.89%. Five-year ROI measures 320.12% and total cumulative return in cash totals $153,872.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,645/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
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: Ignacio Avila • Real
Mls Name: TAR MLS
Mls ID: #210506
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-14 15:53:50 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.