Jowell Road Section, Happy, TX, 79042 | Equity Gain $10,389/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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Jowell Road Section, Happy, TX, 79042 | Equity Gain $10,389/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Happy at Jowell Road Section, Happy, TX, 79042 with 5% annual appreciation on a $1,610,000 basis while $1,802/mo rent supports operations. 82% in year one. Equity gained on principal adds $10,389/yr, and five-year appreciation sums $444,813 alongside rental yield of 1.34%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,802/mo property income versus a $7,880/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in N/A

644 Acres lot

$N/A/sqft

No HOA

More details about the property

Rich in local history, this section of land has the old Jowell School house situated in the southwest corner near the intersection of FM 1705 and Jowell Rd. Once a cornerstone to the community, this area holds countless memories to local residents. Most recently, 583.7 acres of this section has been enrolled in the USDA's Conservation Reserve Program (CRP). The CRP contract will expire 9/30/2023. The property does have perimeter fencing and a small drawl through the southeastern corner.

Neighborhood Data

Neighborhood data shown for ZIP Code: 79042, Happy, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	514 (100%)
Owner Occupied HU	331 (64.4%)
Renter Occupied HU	105 (20.4%)
Vacant Housing Units	78 (15.2%)
Median Home Value	$210,484
Average Home Value	$278,784