1002 Gene O LnChildressTX79201
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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 Childress at 1002 Gene O Ln, Childress, TX, 79201 uses $41,404 cash to close to unlock $1,082/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $978/mo, and a $611/mo payment keeps the spread at $90/mo. Purchase price stands at $124,900, and rental yield measures 9.4% with $978/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 118.16% and total cumulative return in cash records $48,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $978/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1990
3.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79201, Childress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,897 (100%) |
| Owner Occupied HU | 1,606 (55.4%) |
| Renter Occupied HU | 707 (24.4%) |
| Vacant Housing Units | 584 (20.2%) |
| Median Home Value | $142,114 |
| Average Home Value | $207,363 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,237
Multi-Family
199
Businesses
371
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Listed by: Greg Graham • Graham & Co. Realty Group
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-7705
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.