880 State Highway 83 ELoopTX79342
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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 Loop at 880 State Highway 83 E, Loop, TX, 79342 offers a 0% rental yield on a $350,000 purchase with $0/mo rent. 83% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79342, Loop, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 113 (100%) |
| Owner Occupied HU | 77 (68.1%) |
| Renter Occupied HU | 28 (24.8%) |
| Vacant Housing Units | 8 ( 7.1%) |
| Median Home Value | $238,636 |
| Average Home Value | $234,253 |
Housing Distribution
Address Breakdown
Residential
24
Single Family
24
Multi-Family
0
Businesses
9
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