460 S Keith StCrosbytonTX79322
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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 Crosbyton at 460 S Keith St, Crosbyton, TX, 79322 priced at $128,500 converts $981/mo rent into $67/mo cash flow after a $629/mo obligation. Total monthly income equals $981/mo, and annual cash flow totals $806/yr on $42,598 invested. Return on cash invested prints 21.8% in year one, and rental yield reads 9.16% against a $128,500 entry. Equity gained on principal adds $829/yr, while 5% annual appreciation compiles into $35,502 by year five. Five-year ROI reaches 114.32% and total cumulative return in cash sums $48,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $981/mo property income covering a $629/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79322, Crosbyton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 914 (100%) |
| Owner Occupied HU | 541 (59.2%) |
| Renter Occupied HU | 176 (19.3%) |
| Vacant Housing Units | 197 (21.6%) |
| Median Home Value | $74,268 |
| Average Home Value | $95,559 |
Housing Distribution
Address Breakdown
Residential
713
Single Family
692
Multi-Family
21
Businesses
92
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Listed by: Nathan Jordan • Nathan Jordan Real Estate
Mls Name: LBMLS
Mls Provider:
Mls ID: #202552807
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.