735 S 12th StSlatonTX79364
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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
Rental property for sale in Slaton at 735 S 12th St, Slaton, TX, 79364 generates $1,163/mo in rent and, after a $724/mo payment, leaves $73/mo in cash flow. Total monthly income is $1,163/mo, and annual cash flow is $880/yr on $49,029 invested. Return on cash invested sits at 21.7% in year one, and rental yield is 9.44% on a $147,900 entry. Equity gained on principal adds $954/yr, while 5% annual appreciation builds toward $40,862 over five years. Five-year ROI reaches 114.09% and total cumulative return in cash sums $55,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,163/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79364, Slaton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,640 (100%) |
| Owner Occupied HU | 2,230 (61.3%) |
| Renter Occupied HU | 900 (24.7%) |
| Vacant Housing Units | 510 (14.0%) |
| Median Home Value | $135,673 |
| Average Home Value | $193,703 |
Housing Distribution
Address Breakdown
Residential
3,164
Single Family
2,981
Multi-Family
183
Businesses
237
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Listed by: Kerry Kern • Aycock Realty Group, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202556873
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.