1504 Avenue I NWChildressTX79201
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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
Rental property for sale in Childress at 1504 Avenue I NW, Childress, TX, 79201 priced at $217,700 converts $2,086/mo rent into $537/mo cash flow after a $1,066/mo obligation. Total monthly income equals $2,086/mo, and annual cash flow totals $6,449/yr on $72,168 invested. Return on cash invested prints 28.85% in year one, and rental yield reads 11.5% against a $217,700 entry. Equity gained on principal adds $1,405/yr, while 5% annual appreciation compiles into $60,147 by year five. Five-year ROI reaches 152.03% and total cumulative return in cash sums $109,713. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,086/mo property income covering a $1,066/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79201, Childress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,897 (100%) |
| Owner Occupied HU | 1,606 (55.4%) |
| Renter Occupied HU | 707 (24.4%) |
| Vacant Housing Units | 584 (20.2%) |
| Median Home Value | $142,114 |
| Average Home Value | $207,363 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,237
Multi-Family
199
Businesses
371
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