501 Heights AveDalhartTX79022
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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 Dalhart at 501 Heights Ave, Dalhart, TX, 79022 uses $33,813 cash to close to unlock $719/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $785/mo, and a $499/mo payment keeps the spread at $60/mo. Purchase price stands at $102,000, and rental yield measures 9.24% with $785/mo rent. Return on cash invested shows 22.03% in year one, and 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 115.43% and total cumulative return in cash records $39,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $785/mo property income covering a $499/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79022, Dalhart, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,350 (100%) |
| Owner Occupied HU | 2,378 (54.7%) |
| Renter Occupied HU | 1,380 (31.7%) |
| Vacant Housing Units | 592 (13.6%) |
| Median Home Value | $179,237 |
| Average Home Value | $272,395 |
Housing Distribution
Address Breakdown
Residential
3,841
Single Family
3,739
Multi-Family
102
Businesses
556
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