904 Elmore StBorgerTX79007
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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
Investment property for sale in Borger at 904 Elmore St, Borger, TX, 79007 offers a 9.01% rental yield on a $115,000 purchase with $863/mo rent. Total monthly income registers $863/mo, and a $563/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $541/yr on $38,123 to close, and return on cash invested stands at 21.33% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 111.77% and total cumulative return in cash at $42,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $863/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,800 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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