504 High StClaudeTX79019
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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 Claude at 504 High St, Claude, TX, 79019 offers $902/mo rent that, after a $553/mo payment, leaves $99/mo cash flow. Total monthly income is $902/mo, and annual cash flow is $1,182/yr on $37,460 cash. Return on cash invested measures 23.06% in year one, and rental yield stands at 9.58% at a $113,000 entry. Equity gained on principal adds $729/yr while 5% annual appreciation compounds into $31,220 by year five. Five-year ROI records 121.04% and total cumulative return in cash reaches $45,341. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $902/mo property income versus a $553/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79019, Claude, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 544 (72.8%) |
| Renter Occupied HU | 116 (15.5%) |
| Vacant Housing Units | 87 (11.6%) |
| Median Home Value | $203,543 |
| Average Home Value | $259,591 |
Housing Distribution
Address Breakdown
Residential
268
Single Family
268
Multi-Family
0
Businesses
64
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Listed by: Christine Price Ufford • Panhandle Plains Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4555
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.