9872 County Road 623SkidmoreTX78389
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 9872 County Road 623, Skidmore, TX, 78389 in Skidmore deserves attention. This $129,900 property earns $2,124/mo in rent, a 19.62% gross yield, and nets $1,200/mo after the $584/mo payment. DSCR 3.64 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $35,889 compounds alongside $1,196/yr in yearly equity build, for a total cumulative return of $127,064.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 19.6% | 6.2% |
| Monthly Cash Flow | $1,200 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,124 |
| Total Monthly Debt Service | $872 |
| DSCR Ratio | 2.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78389, Skidmore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 484 (66.9%) |
| Renter Occupied HU | 88 (12.2%) |
| Vacant Housing Units | 151 (20.9%) |
| Median Home Value | $74,324 |
| Average Home Value | $146,049 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
27
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
Single Family
Built in 1950
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78389, Skidmore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 484 (66.9%) |
| Renter Occupied HU | 88 (12.2%) |
| Vacant Housing Units | 151 (20.9%) |
| Median Home Value | $74,324 |
| Average Home Value | $146,049 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices