502 Santa Fe DrDenver 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 502 Santa Fe Dr, Denver City, TX, 79323 offers a 7.35% rental yield on a $437,000 purchase with $2,677/mo rent. 34% in year one. Equity gained on principal adds $2,820/yr while 5% annual appreciation supports $120,735 over five years. Portfolio math shows five-year ROI at 84.94% and total cumulative return in cash at $123,052. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,677/mo property income against a $2,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.28 Acres 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: Elizabeth Espinoza • Hunt Realty
Mls Name: LBMLS
Mls ID: #202563514