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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mathis at 100 Lake Meadow Dr, Mathis, TX, 78368 listed at $199,000 pairs $2,022/mo rent with a $974/mo payment to leave $607/mo cash flow. Total monthly income runs $2,022/mo, and annual cash flow reaches $7,283/yr on $65,969 cash to close. Return on cash invested measures 30.95% in year one, and rental yield registers 12.19% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 163.25% and total cumulative return in cash totals $107,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,022/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1990
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78368, Mathis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 2,565 (58.8%) |
| Renter Occupied HU | 827 (19.0%) |
| Vacant Housing Units | 972 (22.3%) |
| Median Home Value | $131,852 |
| Average Home Value | $181,989 |
Residential
3,612
Single Family
3,509
Multi-Family
103
Businesses
252
Date | Event | Price |
|---|---|---|
| 2024-07-22 | Price change | $199,000 |
| 2024-06-27 | Listed for sale | $214,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Shelby Garcia • United Country RE-Bluntzer RE
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #443715
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
