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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% |
Rental property for sale in Mexia at 1002 Briarwood St, Mexia, TX, 76667 generates $1,800/mo in rent and, after a $929/mo payment, leaves $450/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $5,401/yr on $62,952 invested. Return on cash invested sits at 28.49% in year one, and rental yield is 11.37% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 150.14% and total cumulative return in cash sums $94,517. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
9,496 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76667, Mexia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 2,937 (59.7%) |
| Renter Occupied HU | 1,210 (24.6%) |
| Vacant Housing Units | 774 (15.7%) |
| Median Home Value | $166,706 |
| Average Home Value | $230,596 |
Residential
4,262
Single Family
4,122
Multi-Family
140
Businesses
507
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $1536.14 | -3.00% | $150,861 | 10.00% |
| 2023-06-26 | $1583.72 | -5.43% | $137,146 | 10.00% |
| 2022-06-26 | $1674.73 | 7.60% | $124,678 | 10.00% |
Listed by: Micah Renovato • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20982372
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
