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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 1004 Fairway Ln, Mexia, TX, 76667 generates $1,572/mo in rent and, after a $974/mo payment, leaves $157/mo in cash flow. Total monthly income is $1,572/mo, and annual cash flow is $1,883/yr on $65,969 invested. Return on cash invested sits at 22.76% in year one, and rental yield is 9.48% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 119.36% and total cumulative return in cash sums $78,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,572/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
10,105 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kyla Dieterich • Kelly, Realtors
Mls Name: NTREIS
Mls ID: #20943564
