805 2nd StPlainsTX79355
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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 Plains at 805 2nd St, Plains, TX, 79355 uses $96,135 cash to close to unlock $5,426/yr annual cash flow and $452/mo monthly cash flow. Total monthly income runs $2,514/mo, and a $1,419/mo payment keeps the spread at $452/mo. Purchase price stands at $290,000, and rental yield measures 10.4% with $2,514/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 134.35% and total cumulative return in cash records $129,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,514/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79355, Plains, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 508 (66.8%) |
| Renter Occupied HU | 140 (18.4%) |
| Vacant Housing Units | 112 (14.7%) |
| Median Home Value | $164,931 |
| Average Home Value | $180,039 |
Housing Distribution
Address Breakdown
Residential
69
Single Family
69
Multi-Family
0
Businesses
81
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Listed by: Hillary Hunt • Hunt Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202556310
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.