2404 Gardenia PlPerrytonTX79070
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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 2404 Gardenia Pl, Perryton, TX, 79070 with 5% annual appreciation on a $550,000 basis while $4,880/mo rent supports operations. Total monthly income totals $4,880/mo and a $2,692/mo payment preserves $969/mo for cash returns. Annual cash flow comes to $11,626/yr on $180,950 deployed, and return on cash invested reaches 26.49% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 10.65%. Five-year ROI measures 139.3% and total cumulative return in cash totals $252,058.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,880/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
1.62 Acres 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: #24-5043
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.