701 Peters 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
Rental property for sale in Dalhart at 701 Peters Ave, Dalhart, TX, 79022 priced at $189,500 converts $1,488/mo rent into $140/mo cash flow after a $928/mo obligation. Total monthly income equals $1,488/mo, and annual cash flow totals $1,679/yr on $62,819 invested. Return on cash invested prints 22.58% in year one, and rental yield reads 9.42% against a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation compiles into $52,355 by year five. Five-year ROI reaches 118.4% and total cumulative return in cash sums $74,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,488/mo property income covering a $928/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3,920 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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