806 SE 5th StKnox CityTX79529
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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 Knox City at 806 SE 5th St, Knox City, TX, 79529 with 5% annual appreciation on a $144,000 basis while $1,363/mo rent supports operations. Total monthly income totals $1,363/mo and a $705/mo payment preserves $339/mo for cash returns. Annual cash flow comes to $4,066/yr on $47,736 deployed, and return on cash invested reaches 28.43% in year one. Equity gained on principal adds $929/yr, and five-year appreciation sums $39,785 alongside rental yield of 11.36%. Five-year ROI measures 149.74% and total cumulative return in cash totals $71,478.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,363/mo property income versus a $705/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79529, Knox City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 630 (100%) |
| Owner Occupied HU | 382 (60.6%) |
| Renter Occupied HU | 92 (14.6%) |
| Vacant Housing Units | 156 (24.8%) |
| Median Home Value | $63,824 |
| Average Home Value | $79,581 |
Housing Distribution
Address Breakdown
Residential
356
Single Family
356
Multi-Family
0
Businesses
77
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Listed by: J. Travis Hawkins • KW SYNERGY*
Mls Name: NTREIS
Mls ID: #20576588
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.