905 E Ruby AveIowa ParkTX76367
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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 Iowa Park at 905 E Ruby Ave, Iowa Park, TX, 76367 earns $179/mo cash flow from $1,285/mo rent with a $761/mo payment. Total monthly income totals $1,285/mo, and annual cash flow totals $2,152/yr on $51,548 capital. ROI tracks 24.08% on current figures, and rental yield reads 9.92% at a $155,500 purchase. Equity gained on principal adds $1,003/yr, and 5% annual appreciation supports $42,962 over five years. Five-year ROI reaches 126.53% and total cumulative return in cash sums $65,225. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,285/mo property income instead of your personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76367, Iowa Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,226 (100%) |
| Owner Occupied HU | 3,191 (75.5%) |
| Renter Occupied HU | 771 (18.2%) |
| Vacant Housing Units | 264 ( 6.2%) |
| Median Home Value | $192,809 |
| Average Home Value | $217,260 |
Housing Distribution
Address Breakdown
Residential
4,072
Single Family
4,054
Multi-Family
18
Businesses
253
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