13875 Highway 23BookerTX79005
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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 Booker at 13875 Highway 23, Booker, TX, 79005 generates $1,756/mo in rent and, after a $783/mo payment, leaves $618/mo in cash flow. Total monthly income is $1,756/mo, and annual cash flow is $7,420/yr on $53,040 invested. Return on cash invested sits at 33.9% in year one, and rental yield is 13.17% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 179.12% and total cumulative return in cash sums $95,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,756/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
12.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79005, Booker, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 467 (65.6%) |
| Renter Occupied HU | 136 (19.1%) |
| Vacant Housing Units | 109 (15.3%) |
| Median Home Value | $167,905 |
| Average Home Value | $214,625 |
Housing Distribution
Address Breakdown
Residential
139
Single Family
139
Multi-Family
0
Businesses
51
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Listed by: Shirley Howard • E-Properties
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5747
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.