607 W Belsher StDimmittTX79027
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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 Dimmitt at 607 W Belsher St, Dimmitt, TX, 79027 listed at $183,500 pairs $3,096/mo rent with a $898/mo payment to leave $1,791/mo cash flow. Total monthly income runs $3,096/mo, and annual cash flow reaches $21,495/yr on $60,830 cash to close. Return on cash invested measures 55.24% in year one, and rental yield registers 20.25% at a $183,500 basis. Equity gained on principal adds $1,184/yr, and annual property appreciation at 5% supports $50,698 by year five. Five-year ROI tracks 293.62% and total cumulative return in cash totals $178,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,096/mo property income relative to a $898/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79027, Dimmitt, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,914 (100%) |
| Owner Occupied HU | 1,052 (55.0%) |
| Renter Occupied HU | 569 (29.7%) |
| Vacant Housing Units | 293 (15.3%) |
| Median Home Value | $105,676 |
| Average Home Value | $130,076 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,443
Multi-Family
38
Businesses
235
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Listed by: Krystal Nelson • Scott Land Co., LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-1966
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.