606 3rd PlDumasTX79029
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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 Dumas at 606 3rd Pl, Dumas, TX, 79029 generates $1,805/mo in rent and, after a $685/mo payment, leaves $810/mo in cash flow. Total monthly income is $1,805/mo, and annual cash flow is $9,719/yr on $46,377 invested. Return on cash invested sits at 40.86% in year one, and rental yield is 15.48% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 216.42% and total cumulative return in cash sums $100,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,805/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
N/A 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
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