901 Cherry 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 901 Cherry Ave, Dalhart, TX, 79022 offers $1,972/mo rent that, after a $859/mo payment, leaves $719/mo cash flow. Total monthly income is $1,972/mo, and annual cash flow is $8,633/yr on $58,178 cash. Return on cash invested measures 34.75% in year one, and rental yield stands at 13.48% at a $175,500 entry. Equity gained on principal adds $1,132/yr while 5% annual appreciation compounds into $48,487 by year five. Five-year ROI records 183.69% and total cumulative return in cash reaches $106,868. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,972/mo property income versus a $859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,497 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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