1202 Prairie DrDalhartTX79022
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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 Dalhart at 1202 Prairie Dr, Dalhart, TX, 79022 offers a 5.2% rental yield on a $450,000 purchase with $1,949/mo rent. 84% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 50.08% and total cumulative return in cash at $74,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,949/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79022, Dalhart, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,350 (100%) |
| Owner Occupied HU | 2,378 (54.7%) |
| Renter Occupied HU | 1,380 (31.7%) |
| Vacant Housing Units | 592 (13.6%) |
| Median Home Value | $179,237 |
| Average Home Value | $272,395 |
Housing Distribution
Address Breakdown
Residential
3,841
Single Family
3,739
Multi-Family
102
Businesses
556
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Listed by: Lindi Causey • XIT Real Estate
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-10178
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.