228 Somerset 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 228 Somerset St, Borger, TX, 79007 listed at $259,000 pairs $2,354/mo rent with a $1,268/mo payment to leave $512/mo cash flow. Total monthly income runs $2,354/mo, and annual cash flow reaches $6,143/yr on $85,859 cash to close. Return on cash invested measures 27.06% in year one, and rental yield registers 10.91% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 142.41% and total cumulative return in cash totals $122,272. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,354/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
N/A 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
Listed by: Chaylee Shelton • EXP Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-8432
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.