908 W Houston StFloydadaTX79235
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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
Rental property for sale in Floydada at 908 W Houston St, Floydada, TX, 79235 priced at $175,000 pairs $858/mo rent with after a $857/mo payment. Total monthly income equals $858/mo. Return on cash invested is 11.91% in year one, and rental yield stands at 5.88% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 61.22% and total cumulative return in cash reaches $35,515. For financing, Ziffy Mortgage’s DSCR program evaluates $858/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79235, Floydada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,644 (100%) |
| Owner Occupied HU | 956 (58.2%) |
| Renter Occupied HU | 377 (22.9%) |
| Vacant Housing Units | 311 (18.9%) |
| Median Home Value | $102,482 |
| Average Home Value | $116,025 |
Housing Distribution
Address Breakdown
Residential
1,393
Single Family
1,393
Multi-Family
0
Businesses
188
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Listed by: Dedra A Hardy • Dedra Hardy
Mls Name: LBMLS
Mls Provider:
Mls ID: #202412233
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.