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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 1009 Fairway Ln, Mexia, TX, 76667 priced at $200,000 pairs $1,712/mo rent with $290/mo cash flow after a $979/mo payment. Total monthly income equals $1,712/mo, and annual cash flow comes to $3,476/yr on $66,300 invested. Return on cash invested is 25.15% in year one, and rental yield stands at 10.27% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 132.19% and total cumulative return in cash reaches $87,644. For financing, Ziffy Mortgage’s DSCR program evaluates $1,712/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
10,454 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 |
|---|---|---|
| 2025-02-06 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1711.92 | 2.81% | $140,550 | 10.00% |
| 2023-02-13 | $1665.07 | -17.10% | $127,773 | 10.00% |
| 2022-02-13 | $2008.42 | 5.82% | $116,157 | 10.00% |
Listed by: Maritza Perez • Kelly
Mls Name: WMLS
Mls Provider:
Mls ID: #226224
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 05:23:24 PST
