701 Mississippi 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
Rental property for sale in Borger at 701 Mississippi St, Borger, TX, 79007 offers $1,598/mo rent that, after a $657/mo payment, leaves $644/mo cash flow. Total monthly income is $1,598/mo, and annual cash flow is $7,722/yr on $44,487 cash. Return on cash invested measures 37.27% in year one, and rental yield stands at 14.29% at a $134,200 entry. Equity gained on principal adds $866/yr while 5% annual appreciation compounds into $37,077 by year five. Five-year ROI records 197.21% and total cumulative return in cash reaches $87,733. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,598/mo property income versus a $657/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,230 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
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