603 7th StShallowaterTX79363
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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
Investment property for sale in Shallowater at 603 7th St, Shallowater, TX, 79363 with 5% annual appreciation on a $114,500 basis while $2,539/mo rent supports operations. Total monthly income totals $2,539/mo and a $560/mo payment preserves $1,695/mo for cash returns. Annual cash flow comes to $20,344/yr on $37,957 deployed, and return on cash invested reaches 73.51% in year one. Equity gained on principal adds $739/yr, and five-year appreciation sums $31,634 alongside rental yield of 26.61%. Five-year ROI measures 391.92% and total cumulative return in cash totals $148,760.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,539/mo property income versus a $560/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
10,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79363, Shallowater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,492 (100%) |
| Owner Occupied HU | 1,816 (72.9%) |
| Renter Occupied HU | 513 (20.6%) |
| Vacant Housing Units | 163 ( 6.5%) |
| Median Home Value | $276,884 |
| Average Home Value | $310,461 |
Housing Distribution
Address Breakdown
Residential
2,326
Single Family
2,326
Multi-Family
0
Businesses
143
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Listed by: Wendy Jones • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202407641
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.