1031 shin oakMenardTX76859
Nearby investment properties with comparable rents
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 Menard at 1031 shin oak, Menard, TX, 76859 generates $744/mo in rent, after a $3,622/mo payment. Total monthly income is $744/mo. Return on cash invested sits at -2.21% in year one, and rental yield is 1.21% on a $740,000 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation builds toward $204,448 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $744/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
73.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76859, Menard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 624 (50.6%) |
| Renter Occupied HU | 186 (15.1%) |
| Vacant Housing Units | 424 (34.4%) |
| Median Home Value | $117,045 |
| Average Home Value | $212,796 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
130
Multi-Family
1
Businesses
91
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