505 Willow AveDumasTX79029
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 Dumas at 505 Willow Ave, Dumas, TX, 79029 priced at $188,000 converts $1,769/mo rent into $432/mo cash flow after a $920/mo obligation. Total monthly income equals $1,769/mo, and annual cash flow totals $5,187/yr on $62,322 invested. Return on cash invested prints 28.23% in year one, and rental yield reads 11.29% against a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation compiles into $51,941 by year five. Five-year ROI reaches 148.74% and total cumulative return in cash sums $92,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,769/mo property income covering a $920/mo payment, not borrower’s personal income.
Single Family
Built in 1964
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79029, Dumas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,800 (59.0%) |
| Renter Occupied HU | 1,929 (29.9%) |
| Vacant Housing Units | 717 (11.1%) |
| Median Home Value | $161,628 |
| Average Home Value | $192,270 |
Housing Distribution
Address Breakdown
Residential
5,601
Single Family
5,469
Multi-Family
132
Businesses
639
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Waggoner • RE/MAX Town & Country II
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2734
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.