505 Alamo 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 505 Alamo St, Claude, TX, 79019 offers $1,795/mo rent that, after a $1,174/mo payment, leaves $89/mo cash flow. Total monthly income is $1,795/mo, and annual cash flow is $1,071/yr on $79,527 cash. Return on cash invested measures 21.26% in year one, and rental yield stands at 8.98% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 111.32% and total cumulative return in cash reaches $88,531. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,795/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.31 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: Brennan Coldiron • Exit Realty of Lubbock
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4494
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.