1105 Goodwin AveChildressTX79248
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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 1105 Goodwin Ave, Childress, TX, 79248 uses $53,703 cash to close to unlock $1,571/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $1,283/mo, and a $793/mo payment keeps the spread at $131/mo. Purchase price stands at $162,000, and rental yield measures 9.5% with $1,283/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 119.71% and total cumulative return in cash records $64,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,283/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79248, Paducah, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 481 (47.3%) |
| Renter Occupied HU | 206 (20.3%) |
| Vacant Housing Units | 329 (32.4%) |
| Median Home Value | $54,732 |
| Average Home Value | $85,068 |
Housing Distribution
Address Breakdown
Residential
127
Single Family
127
Multi-Family
0
Businesses
64
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