501 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
Rental property for sale in Denver City at 501 E Elm St, Denver City, TX, 79323 priced at $185,000 converts $1,586/mo rent into $271/mo cash flow after a $905/mo obligation. Total monthly income equals $1,586/mo, and annual cash flow totals $3,251/yr on $61,328 invested. Return on cash invested prints 25.21% in year one, and rental yield reads 10.29% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 132.47% and total cumulative return in cash sums $81,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,586/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1970
9,147 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 Provider:
Mls ID: #202553319
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.