2428 Cherokee DrPampaTX79065
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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 Pampa at 2428 Cherokee Dr, Pampa, TX, 79065 at $210,000 posts ROI 29.53% with $558/mo cash flow from $2,076/mo rent. Total monthly income equals $2,076/mo, and annual cash flow records $6,696/yr on $69,615 to close. Return on cash invested measures 29.53% and rental yield reads 11.86% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 155.78% and total cumulative return in cash totals $108,448.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,076/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79065, Pampa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,481 (100%) |
| Owner Occupied HU | 5,485 (57.9%) |
| Renter Occupied HU | 2,003 (21.1%) |
| Vacant Housing Units | 1,993 (21.0%) |
| Median Home Value | $120,799 |
| Average Home Value | $171,061 |
Housing Distribution
Address Breakdown
Residential
8,291
Single Family
7,785
Multi-Family
506
Businesses
726
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Listed by: Jennifer Snapp • Lonestar Home & Land Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-7559
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.