635 S 18th StSlatonTX79364
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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 Slaton at 635 S 18th St, Slaton, TX, 79364 uses $51,383 cash to close to unlock $2,389/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,385/mo, and a $759/mo payment keeps the spread at $199/mo. Purchase price stands at $155,000, and rental yield measures 10.72% with $1,385/mo rent. Return on cash invested shows 24.56% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 129.79% and total cumulative return in cash records $66,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,385/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79364, Slaton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,640 (100%) |
| Owner Occupied HU | 2,230 (61.3%) |
| Renter Occupied HU | 900 (24.7%) |
| Vacant Housing Units | 510 (14.0%) |
| Median Home Value | $135,673 |
| Average Home Value | $193,703 |
Housing Distribution
Address Breakdown
Residential
3,164
Single Family
2,981
Multi-Family
183
Businesses
237
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Listed by: Jim Tidwell • Caprock Realty Group
Mls Name: LBMLS
Mls Provider:
Mls ID: #202554066
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.