505 W 7th StIdalouTX79329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Idalou at 505 W 7th St, Idalou, TX, 79329 priced at $265,000 pairs $1,987/mo rent with $103/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,987/mo, and annual cash flow comes to $1,231/yr on $87,848 invested. Return on cash invested is 21.31% in year one, and rental yield stands at 9% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 111.59% and total cumulative return in cash reaches $98,031. For financing, Ziffy Mortgage’s DSCR program evaluates $1,987/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79329, Idalou, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 1,027 (68.1%) |
| Renter Occupied HU | 331 (21.9%) |
| Vacant Housing Units | 151 (10.0%) |
| Median Home Value | $241,230 |
| Average Home Value | $283,123 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Young • Brick & Loft Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202552222
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.