116 Lakeview StBorgerTX79007
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 Borger at 116 Lakeview St, Borger, TX, 79007 at $335,000 posts ROI 53.8% with $3,136/mo cash flow from $5,666/mo rent. Total monthly income equals $5,666/mo, and annual cash flow records $37,635/yr on $111,053 to close. Return on cash invested measures 53.8% and rental yield reads 20.3% at the current $335,000. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 by year five. Five-year ROI prints 286.39% and total cumulative return in cash totals $318,044.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,666/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
8,276 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79007, Borger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,757 (100%) |
| Owner Occupied HU | 3,885 (57.5%) |
| Renter Occupied HU | 1,391 (20.6%) |
| Vacant Housing Units | 1,481 (21.9%) |
| Median Home Value | $121,658 |
| Average Home Value | $175,396 |
Housing Distribution
Address Breakdown
Residential
5,790
Single Family
5,729
Multi-Family
61
Businesses
495
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Listed by: The Waggoner Group • RE/MAX Town & Country II
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-3365
Disclaimer: IDX information is provided exclusively for 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.