935 S 3rd StSlatonTX79364
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
Investment property for sale in Slaton at 935 S 3rd St, Slaton, TX, 79364 offers a 8.82% rental yield on a $175,000 purchase with $1,286/mo rent. Total monthly income registers $1,286/mo, and a $857/mo payment leaves $41/mo available for distribution. Annual cash flow reaches $493/yr on $58,013 to close, and return on cash invested stands at 20.76% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 108.71% and total cumulative return in cash at $63,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,286/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79364, Slaton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,640 (100%) |
| Owner Occupied HU | 2,230 (61.3%) |
| Renter Occupied HU | 900 (24.7%) |
| Vacant Housing Units | 510 (14.0%) |
| Median Home Value | $135,673 |
| Average Home Value | $193,703 |
Housing Distribution
Address Breakdown
Residential
3,164
Single Family
2,981
Multi-Family
183
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Zubia • WTX Realty, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202552629
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.