740 S 11th 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
Investment property for sale in Slaton at 740 S 11th St, Slaton, TX, 79364 earns $80/mo cash flow from $988/mo rent with a $582/mo payment. Total monthly income totals $988/mo, and annual cash flow totals $963/yr on $39,449 capital. ROI tracks 22.35% on current figures, and rental yield reads 9.96% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 117.92% and total cumulative return in cash sums $46,517. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $988/mo property income instead of your personal income.
Single Family
Built in 1960
6,969 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: Jason Riebe • WTX Realty, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202553713
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.