824 W Tennessee St, Floydada, TX, 79235 | 7.2% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Floydada at 824 W Tennessee St, Floydada, TX, 79235 earns from $1,140/mo rent with a $930/mo payment. Total monthly income totals $1,140/mo. ROI tracks 15.89% on current figures, and rental yield reads 7.2% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 82.48% and total cumulative return in cash sums $51,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.

Single Family

Built in 1957

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 79235, Floydada, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,644 (100%)
Owner Occupied HU	956 (58.2%)
Renter Occupied HU	377 (22.9%)
Vacant Housing Units	311 (18.9%)
Median Home Value	$102,482
Average Home Value	$116,025