1301 S Fordham StPerrytonTX79070
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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 Perryton at 1301 S Fordham St, Perryton, TX, 79070 offers a 9.02% rental yield on a $189,000 purchase with $1,421/mo rent. Total monthly income registers $1,421/mo, and a $925/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $925/yr on $62,654 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 112.04% and total cumulative return in cash at $70,198. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,421/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79070, Perryton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,219 (100%) |
| Owner Occupied HU | 2,591 (61.4%) |
| Renter Occupied HU | 904 (21.4%) |
| Vacant Housing Units | 724 (17.2%) |
| Median Home Value | $152,797 |
| Average Home Value | $197,450 |
Housing Distribution
Address Breakdown
Residential
3,528
Single Family
3,401
Multi-Family
127
Businesses
487
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Listed by: Bryce Hale • Perryton Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5632
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.