902 W 6th StIdalouTX79329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Idalou at 902 W 6th St, Idalou, TX, 79329 generates $2,300/mo in rent, after a $2,668/mo payment. Total monthly income is $2,300/mo. Return on cash invested sits at 9.51% in year one, and rental yield is 5.06% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 48.27% and total cumulative return in cash sums $86,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,300/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79329, Idalou, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 1,027 (68.1%) |
| Renter Occupied HU | 331 (21.9%) |
| Vacant Housing Units | 151 (10.0%) |
| Median Home Value | $241,230 |
| Average Home Value | $283,123 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices