790 Us Highway 84FarwellTX79325
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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 Farwell at 790 Us Highway 84, Farwell, TX, 79325 uses $82,875 cash to close to unlock $2,638/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $1,998/mo, and a $1,224/mo payment keeps the spread at $220/mo. Purchase price stands at $250,000, and rental yield measures 9.59% with $1,998/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 121.12% and total cumulative return in cash records $100,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,998/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1993
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79325, Farwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 946 (100%) |
| Owner Occupied HU | 588 (62.2%) |
| Renter Occupied HU | 216 (22.8%) |
| Vacant Housing Units | 142 (15.0%) |
| Median Home Value | $171,233 |
| Average Home Value | $245,523 |
Housing Distribution
Address Breakdown
Residential
214
Single Family
214
Multi-Family
0
Businesses
101
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