1408 Borger StPlainviewTX79072
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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 Plainview at 1408 Borger St, Plainview, TX, 79072 earns from $2,594/mo rent with a $2,202/mo payment. Total monthly income totals $2,594/mo. ROI tracks 14.91% on current figures, and rental yield reads 6.92% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 77.3% and total cumulative return in cash sums $115,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,594/mo property income instead of your personal income.
Single Family
Built in 1963
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79072, Plainview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,330 (100%) |
| Owner Occupied HU | 5,531 (53.5%) |
| Renter Occupied HU | 3,249 (31.5%) |
| Vacant Housing Units | 1,550 (15.0%) |
| Median Home Value | $127,117 |
| Average Home Value | $173,343 |
Housing Distribution
Address Breakdown
Residential
8,773
Single Family
8,193
Multi-Family
580
Businesses
777
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Listed by: Veronica McClanahan • Billington Real Estate
Mls Name: Plainview AOR
Mls Provider:
Mls ID: #25-111
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.