102 Bailes StDimmittTX79027
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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 Dimmitt at 102 Bailes St, Dimmitt, TX, 79027 at $120,000 posts ROI 74.15% with $1,798/mo cash flow from $2,651/mo rent. Total monthly income equals $2,651/mo, and annual cash flow records $21,576/yr on $39,780 to close. Return on cash invested measures 74.15% and rental yield reads 26.51% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 394.89% and total cumulative return in cash totals $157,087.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,651/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79027, Dimmitt, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,443
Multi-Family
38
Businesses
235
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Listed by: Krystal Nelson • Scott Land Co., LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-4655
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.