850 S 16th 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 850 S 16th St, Slaton, TX, 79364 earns $84/mo cash flow from $795/mo rent with a $489/mo payment. Total monthly income totals $795/mo, and annual cash flow totals $1,012/yr on $33,150 capital. ROI tracks 22.96% on current figures, and rental yield reads 9.54% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 120.52% and total cumulative return in cash sums $39,952. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $795/mo property income instead of your personal income.
Single Family
Built in 1959
0.27 Acres 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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