906 E Ivy AveMuleshoeTX79347
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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 Muleshoe at 906 E Ivy Ave, Muleshoe, TX, 79347 with 5% annual appreciation on a $165,000 basis while $2,429/mo rent supports operations. Total monthly income totals $2,429/mo and a $808/mo payment preserves $1,255/mo for cash returns. Annual cash flow comes to $15,063/yr on $54,698 deployed, and return on cash invested reaches 47.45% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 17.67%. Five-year ROI measures 251.79% and total cumulative return in cash totals $137,723.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,429/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79347, Muleshoe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,915 (100%) |
| Owner Occupied HU | 1,647 (56.5%) |
| Renter Occupied HU | 860 (29.5%) |
| Vacant Housing Units | 408 (14.0%) |
| Median Home Value | $117,323 |
| Average Home Value | $192,347 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
2,519
Multi-Family
50
Businesses
339
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Listed by: Patty Hartline • Prime Home Real Estate LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202404020
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.