908 Avenue G NWChildressTX79201
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 908 Avenue G NW, Childress, TX, 79201 offers a 11.2% rental yield on a $231,900 purchase with $2,164/mo rent. Total monthly income registers $2,164/mo, and a $1,135/mo payment leaves $515/mo available for distribution. Annual cash flow reaches $6,179/yr on $76,875 to close, and return on cash invested stands at 27.95% in year one. Equity gained on principal adds $1,496/yr while 5% annual appreciation supports $64,070 over five years. Portfolio math shows five-year ROI at 147.14% and total cumulative return in cash at $113,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,164/mo property income against a $1,135/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,013 sqft 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