0 Fm 888SkidmoreTX78389
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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 Skidmore at 0 Fm 888, Skidmore, TX, 78389 offers a 0% rental yield on a $1,105,000 purchase with $0/mo rent. 97% in year one. Equity gained on principal adds $7,130/yr while 5% annual appreciation supports $305,291 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $5,408/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
170 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78389, Skidmore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 484 (66.9%) |
| Renter Occupied HU | 88 (12.2%) |
| Vacant Housing Units | 151 (20.9%) |
| Median Home Value | $74,324 |
| Average Home Value | $146,049 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
27
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