703 3rd StFarwellTX79325
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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 Farwell at 703 3rd St, Farwell, TX, 79325 earns $3/mo cash flow from $1,994/mo rent with a $1,370/mo payment. Total monthly income totals $1,994/mo, and annual cash flow totals $40/yr on $92,820 capital. ROI tracks 19.95% on current figures, and rental yield reads 8.55% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 104.31% and total cumulative return in cash sums $96,825. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,994/mo property income instead of your personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79325, Farwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 946 (100%) |
| Owner Occupied HU | 588 (62.2%) |
| Renter Occupied HU | 216 (22.8%) |
| Vacant Housing Units | 142 (15.0%) |
| Median Home Value | $171,233 |
| Average Home Value | $245,523 |
Housing Distribution
Address Breakdown
Residential
214
Single Family
214
Multi-Family
0
Businesses
101
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