723 Bennett DrDumasTX79029
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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 Dumas at 723 Bennett Dr, Dumas, TX, 79029 uses $94,478 cash to close to unlock $5,567/yr annual cash flow and $464/mo monthly cash flow. Total monthly income runs $2,532/mo, and a $1,395/mo payment keeps the spread at $464/mo. Purchase price stands at $285,000, and rental yield measures 10.66% with $2,532/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 135.84% and total cumulative return in cash records $128,334. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,532/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79029, Dumas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,800 (59.0%) |
| Renter Occupied HU | 1,929 (29.9%) |
| Vacant Housing Units | 717 (11.1%) |
| Median Home Value | $161,628 |
| Average Home Value | $192,270 |
Housing Distribution
Address Breakdown
Residential
5,601
Single Family
5,469
Multi-Family
132
Businesses
639
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Listed by: Leticia Willis • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-1478
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.