0 Goose Prairie Rd LOT 3-4MidwayTX75852
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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 Midway at 0 Goose Prairie Rd LOT 3-4, Midway, TX, 75852 generates $2,252/mo in rent and, after a $783/mo payment, leaves $1,114/mo in cash flow. Total monthly income is $2,252/mo, and annual cash flow is $13,372/yr on $53,040 invested. Return on cash invested sits at 45.12% in year one, and rental yield is 16.89% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 239.3% and total cumulative return in cash sums $126,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,252/mo property income rather than buyer’s personal income.
Lot
Built in N/A
12.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75852, Midway, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 480 (60.6%) |
| Renter Occupied HU | 120 (15.2%) |
| Vacant Housing Units | 192 (24.2%) |
| Median Home Value | $223,000 |
| Average Home Value | $340,323 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
744
Multi-Family
1
Businesses
35
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Listed by: Monica Foster • eXp Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #49412917
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