621 Plainview StClarendonTX79226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clarendon at 621 Plainview St, Clarendon, TX, 79226 offers $1,423/mo rent that, after a $759/mo payment, leaves $320/mo cash flow. Total monthly income is $1,423/mo, and annual cash flow is $3,845/yr on $51,383 cash. Return on cash invested measures 27.39% in year one, and rental yield stands at 11.02% at a $155,000 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,824 by year five. Five-year ROI records 144.24% and total cumulative return in cash reaches $74,116. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,423/mo property income versus a $759/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79226, Clarendon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,639 (100%) |
| Owner Occupied HU | 824 (50.3%) |
| Renter Occupied HU | 310 (18.9%) |
| Vacant Housing Units | 505 (30.8%) |
| Median Home Value | $108,989 |
| Average Home Value | $156,735 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
338
Multi-Family
224
Businesses
151
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