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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Dimmitt at 1005 Pine St, Dimmitt, TX, 79027 offers $2,015/mo rent that, after a $1,170/mo payment, leaves $315/mo cash flow. Total monthly income is $2,015/mo, and annual cash flow is $3,783/yr on $79,229 cash. Return on cash invested measures 24.68% in year one, and rental yield stands at 10.12% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 129.71% and total cumulative return in cash reaches $102,768. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,015/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79027, Dimmitt, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,914 (100%) |
| Owner Occupied HU | 1,052 (55.0%) |
| Renter Occupied HU | 569 (29.7%) |
| Vacant Housing Units | 293 (15.3%) |
| Median Home Value | $105,676 |
| Average Home Value | $130,076 |
Residential
1,481
Single Family
1,443
Multi-Family
38
Businesses
235
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Price change | $239,000 |
| 2024-07-22 | Listed for sale | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-27 | $1735.50 | -41.54% | $114,450 | 3.59% |
| 2022-12-27 | $2968.81 | N/A | $110,480 | 4.63% |
| 2021-12-27 | N/A | N/A | $105,590 | 2.79% |
Listed by: Krystal Nelson • Scott Land Co., LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6217
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.
