503 Maple AvePanhandleTX79068
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- 3 Bed
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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 Panhandle at 503 Maple Ave, Panhandle, TX, 79068 priced at $242,500 converts $1,855/mo rent into $130/mo cash flow after a $1,187/mo obligation. Total monthly income equals $1,855/mo, and annual cash flow totals $1,566/yr on $80,389 invested. Return on cash invested prints 21.86% in year one, and rental yield reads 9.18% against a $242,500 entry. Equity gained on principal adds $1,565/yr, while 5% annual appreciation compiles into $66,998 by year five. Five-year ROI reaches 114.53% and total cumulative return in cash sums $92,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,855/mo property income covering a $1,187/mo payment, not borrower’s personal income.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79068, Panhandle, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 978 (70.9%) |
| Renter Occupied HU | 259 (18.8%) |
| Vacant Housing Units | 142 (10.3%) |
| Median Home Value | $178,728 |
| Average Home Value | $177,689 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
- 3 Bed
- 2 Bath
- 2047 sft
- 8 Bed
- 4 Bath
- 5475 sft
Nearby investment properties with comparable prices