897 Us Highway 83ChildressTX79201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Childress at 897 Us Highway 83, Childress, TX, 79201 earns from $1,789/mo rent with a $1,297/mo payment. Total monthly income totals $1,789/mo. ROI tracks 18.61% on current figures, and rental yield reads 8.1% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 97.07% and total cumulative return in cash sums $85,275. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,789/mo property income instead of your personal income.
Single Family
Built in 1985
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79201, Childress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,897 (100%) |
| Owner Occupied HU | 1,606 (55.4%) |
| Renter Occupied HU | 707 (24.4%) |
| Vacant Housing Units | 584 (20.2%) |
| Median Home Value | $142,114 |
| Average Home Value | $207,363 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,237
Multi-Family
199
Businesses
371
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paige Freeman • Paige Freeman Realty
Mls Name: HAR
Mls Provider:
Mls ID: #24413178
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.