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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% |
Investment property for sale in Dimmitt at 1015 W Stinson St, Dimmitt, TX, 79027 offers a 9.45% rental yield on a $180,000 purchase with $1,418/mo rent. Total monthly income registers $1,418/mo, and a $881/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,656/yr on $59,670 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 118.92% and total cumulative return in cash at $70,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,418/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
10,018 sqft 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 |
|---|---|---|
| 2025-08-30 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $759.84 | -38.50% | $55,270 | 20.20% |
| 2022-08-30 | $1235.57 | N/A | $45,980 | 4.48% |
| 2021-08-30 | N/A | N/A | $44,010 | 1.34% |
No similar rental properties found nearby.
Listed by: Jessi L. Bruss • Van Pelt Real Estate
Mls Name: Plainview AOR
Mls Provider:
Mls ID: #25-255
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.
