610 N El Paso AveTuliaTX79088
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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 Tulia at 610 N El Paso Ave, Tulia, TX, 79088 earns $70/mo cash flow from $1,136/mo rent with a $734/mo payment. Total monthly income totals $1,136/mo, and annual cash flow totals $834/yr on $49,725 capital. ROI tracks 21.59% on current figures, and rental yield reads 9.09% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 113.12% and total cumulative return in cash sums $56,250. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,136/mo property income instead of your personal income.
Single Family
Built in 1984
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79088, Tulia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,217 (55.1%) |
| Renter Occupied HU | 591 (26.8%) |
| Vacant Housing Units | 400 (18.1%) |
| Median Home Value | $102,232 |
| Average Home Value | $167,136 |
Housing Distribution
Address Breakdown
Residential
1,814
Single Family
1,814
Multi-Family
0
Businesses
188
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Listed by: Apryll Van Pelt • Van Pelt Real Estate
Mls Name: Plainview AOR
Mls Provider:
Mls ID: #25-129
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.