6 N Main St #56BookerTX79005
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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 6 N Main St #56, Booker, TX, 79005 priced at $950,000 converts $0/mo rent into after a $4,650/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.88% in year one, and rental yield reads 0% against a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Multi Family
Built in 2021
N/A 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices