609 E Fir StDenver CityTX79323
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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 Denver City at 609 E Fir St, Denver City, TX, 79323 earns $87/mo cash flow from $1,289/mo rent with a $827/mo payment. Total monthly income totals $1,289/mo, and annual cash flow totals $1,049/yr on $56,024 capital. ROI tracks 21.78% on current figures, and rental yield reads 9.15% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 114.14% and total cumulative return in cash sums $63,943. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,289/mo property income instead of your personal income.
Single Family
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79323, Denver City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,492 (67.0%) |
| Renter Occupied HU | 500 (22.5%) |
| Vacant Housing Units | 235 (10.6%) |
| Median Home Value | $195,818 |
| Average Home Value | $201,872 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
257
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Listed by: Summer Caffey • L3 Brokers
Mls Name: LBMLS
Mls ID: #202564425