2502 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
Rental property for sale in Perryton at 2502 S Fordham St, Perryton, TX, 79070 priced at $128,000 pairs $1,276/mo rent with $366/mo cash flow after a $627/mo payment. Total monthly income equals $1,276/mo, and annual cash flow comes to $4,395/yr on $42,432 invested. Return on cash invested is 30.27% in year one, and rental yield stands at 11.96% on a $128,000 basis. Equity gained on principal adds $826/yr, and 5% annual appreciation accumulates to $35,364 by year five. Five-year ROI measures 159.7% and total cumulative return in cash reaches $67,763. For financing, Ziffy Mortgage’s DSCR program evaluates $1,276/mo property income against a $627/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
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: Gina Deal • Golden Spread Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6845
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.