118 E 1st StBorgerTX79007
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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
Rental property for sale in Borger at 118 E 1st St, Borger, TX, 79007 priced at $123,200 pairs $2,246/mo rent with $1,370/mo cash flow after a $603/mo payment. Total monthly income equals $2,246/mo, and annual cash flow comes to $16,439/yr on $40,841 invested. Return on cash invested is 60.16% in year one, and rental yield stands at 21.88% on a $123,200 basis. Equity gained on principal adds $795/yr, and 5% annual appreciation accumulates to $34,038 by year five. Five-year ROI measures 319.9% and total cumulative return in cash reaches $130,648. For financing, Ziffy Mortgage’s DSCR program evaluates $2,246/mo property income against a $603/mo payment instead of your W2s, 1099s, or 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: 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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