618 S 2nd St,Texhoma,TX,73960

Investment Highlights

Rental property for sale in Texhoma at 618 S 2nd St, Texhoma, TX, 73960 generates $1,492/mo in rent and, after a $827/mo payment, leaves $290/mo in cash flow. Total monthly income is $1,492/mo, and annual cash flow is $3,485/yr on $56,024 invested. Return on cash invested sits at 26.13% in year one, and rental yield is 10.59% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 137.44% and total cumulative return in cash sums $76,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,492/mo property income rather than buyer’s personal income.