716 N Armstrong AveTuliaTX79088
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 Tulia at 716 N Armstrong Ave, Tulia, TX, 79088 at $104,600 posts ROI 56.84% with $1,067/mo cash flow from $1,811/mo rent. Total monthly income equals $1,811/mo, and annual cash flow records $12,806/yr on $34,675 to close. Return on cash invested measures 56.84% and rental yield reads 20.78% at the current $104,600. Equity gained on principal adds $675/yr, and 5% annual appreciation supports $28,899 by year five. Five-year ROI prints 302.21% and total cumulative return in cash totals $104,792.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,811/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
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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