724 W Broadway AveTuliaTX79088
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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 Tulia at 724 W Broadway Ave, Tulia, TX, 79088 earns $58/mo cash flow from $1,018/mo rent with a $661/mo payment. Total monthly income totals $1,018/mo, and annual cash flow totals $693/yr on $44,753 capital. ROI tracks 21.46% on current figures, and rental yield reads 9.05% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash sums $50,305. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,018/mo property income instead of your personal income.
Single Family
Built in 1953
0.46 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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Listed by: Cody Thomas • Panhandle Realty Group
Mls Name: LBMLS
Mls Provider:
Mls ID: #202559515
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.