107 HaynesMerkelTX79536
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 Merkel at 107 Haynes, Merkel, TX, 79536 priced at $148,500 pairs $1,145/mo rent with $89/mo cash flow after a $727/mo payment. Total monthly income equals $1,145/mo, and annual cash flow comes to $1,066/yr on $49,228 invested. Return on cash invested is 22.07% in year one, and rental yield stands at 9.25% on a $148,500 basis. Equity gained on principal adds $958/yr, and 5% annual appreciation accumulates to $41,028 by year five. Five-year ROI measures 115.67% and total cumulative return in cash reaches $56,943. For financing, Ziffy Mortgage’s DSCR program evaluates $1,145/mo property income against a $727/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79536, Merkel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,354 (100%) |
| Owner Occupied HU | 1,643 (69.8%) |
| Renter Occupied HU | 375 (15.9%) |
| Vacant Housing Units | 336 (14.3%) |
| Median Home Value | $186,880 |
| Average Home Value | $235,380 |
Housing Distribution
Address Breakdown
Residential
2,112
Single Family
2,112
Multi-Family
0
Businesses
154
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Listed by: Tracy Friske • Arnold-REALTORS
Mls Name: NTREIS
Mls ID: #20795424
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.