102 Clover LnMathisTX78368
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Nearby investment properties with comparable prices
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 Mathis at 102 Clover Ln, Mathis, TX, 78368 offers $1,159/mo rent that, after a $783/mo payment, leaves $22/mo cash flow. Total monthly income is $1,159/mo, and annual cash flow is $259/yr on $53,007 cash. Return on cash invested measures 20.4% in year one, and rental yield stands at 8.7% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 106.73% and total cumulative return in cash reaches $56,574. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,159/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78368, Mathis, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,612
Single Family
3,509
Multi-Family
103
Businesses
252
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