9802 N County Road 3300IdalouTX79329
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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 Idalou at 9802 N County Road 3300, Idalou, TX, 79329 uses $149,175 cash to close to unlock $16,170/yr annual cash flow and $1,348/mo monthly cash flow. Total monthly income runs $4,548/mo, and a $2,203/mo payment keeps the spread at $1,348/mo. Purchase price stands at $450,000, and rental yield measures 12.13% with $4,548/mo rent. Return on cash invested shows 30.75% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 162.18% and total cumulative return in cash records $241,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,548/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1967
2.30 Acres 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
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Listed by: June Wagner • JPAR Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202412287
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.