707 Trice StClaudeTX79019
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
Investment property for sale in Claude at 707 Trice St, Claude, TX, 79019 offers a 10.72% rental yield on a $214,900 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,052/mo payment leaves $392/mo available for distribution. Annual cash flow reaches $4,700/yr on $71,239 to close, and return on cash invested stands at 26.51% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 139.45% and total cumulative return in cash at $99,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79019, Claude, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 544 (72.8%) |
| Renter Occupied HU | 116 (15.5%) |
| Vacant Housing Units | 87 (11.6%) |
| Median Home Value | $203,543 |
| Average Home Value | $259,591 |
Housing Distribution
Address Breakdown
Residential
268
Single Family
268
Multi-Family
0
Businesses
64
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