626 N Armstrong 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 626 N Armstrong Ave, Tulia, TX, 79088 uses $51,383 cash to close to unlock $209/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $1,120/mo, and a $759/mo payment keeps the spread at $17/mo. Purchase price stands at $155,000, and rental yield measures 8.67% with $1,120/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 106.29% and total cumulative return in cash records $54,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,120/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1960
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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