204 Garrett 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 204 Garrett St, Borger, TX, 79007 earns from $1,755/mo rent with a $1,248/mo payment. Total monthly income totals $1,755/mo. ROI tracks 19.08% on current figures, and rental yield reads 8.26% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 99.62% and total cumulative return in cash sums $84,212. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,755/mo property income instead of your personal income.
Single Family
Built in 2008
7,200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices