510 S Grimes StWhite DeerTX79097
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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 White Deer at 510 S Grimes St, White Deer, TX, 79097 priced at $130,000 pairs $0/mo rent with after a $636/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.82% in year one, and rental yield stands at 0% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79097, White Deer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 363 (68.6%) |
| Renter Occupied HU | 78 (14.7%) |
| Vacant Housing Units | 88 (16.6%) |
| Median Home Value | $192,905 |
| Average Home Value | $190,888 |
Housing Distribution
Address Breakdown
Residential
42
Single Family
42
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Candilynn McCormick • RE/MAX Hometown
Mls Name: Pampa BOR
Mls ID: #25-14531