Real Estate Investing in Italy, Texas (76670)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 76670 (Italy, TX)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -0.1% 5-year CAGR — values have moved lower.
- Elevated vacancy: 11.3% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Italy, TX (76670)?
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Market Analysis: 76670 Italy
The 76670 ZIP in Italy, TX is a local-operator market. Outside capital chasing a $258K entry has to pair deep knowledge with the discount.
From a cash-flow lens, the numbers look inviting — $258K purchase price, 0.0% nominal cap — the work to hit that pro forma in 76670 is substantial and deserves full respect.
Within TX, ZIP 76670 trails on several market indicators that neighboring Ellis County submarkets outperform. The gap is real and robust enough to shape underwriting.
The demographic picture in 76670 includes headwinds that any investor should price in. Income distribution skews lower than Italy averages, and tenant stability requires active management.
The 76670 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Italy:
Market Trends
Home Value History (with trend line)
📊 How Does 76670 Compare?
| Metric | 76670 | Italy | Dallas-Fort Worth-Arlington, TX | Texas |
|---|---|---|---|---|
| Home Value | $258,446 | $259,006 | N/A | $297,000 |
| 5-Year CAGR | N/A | 1.6% | N/A | 5.4% |
| Avg Rent | $1,035 | $1,175 | N/A | - |
| Cap Rate | 3.1% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 76670 (Italy, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $258,446 |
| Monthly Rent | $1,035 |
| Price-to-Rent | 20.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 3.1% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | -0.1% ▼ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 76670
Population: 1,921
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 76670
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 608 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Italy in TX worth investing in?
Investors tracking Italy, TX will find a 2.0/5 rating supported by $258K median home values and $1,035/mo rents. That profile suits long-term holders targeting consistent returns.
Are homes affordable in Italy, TX?
Italy, TX median home values land near $258K. That is reasonable territory for investors looking at $1,035/mo-per-month rentals.
What is the average monthly rent in Italy, TX?
Expect rents around $1,035/mo per month in Italy, TX. With home values at $258K, the yield math works out to reasonable levels for rental investors.
How tight is the rental market in Italy, TX?
Vacancy risk in Italy, TX is elevated. That supports predictable cash flow for typical rental holds.
How landlord-friendly is Italy, TX?
Landlord-friendliness in Italy, TX is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 76670 now. You don’t know where it ranks.
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How 76670 ranks in Dallas-Fort Worth-Arlington, TX
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