111 Petey PlaceMarionTX78124
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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 Marion at 111 Petey Place, Marion, TX, 78124 priced at $287,999 converts $2,652/mo rent into $604/mo cash flow after a $1,410/mo obligation. Total monthly income equals $2,652/mo, and annual cash flow totals $7,243/yr on $95,472 invested. Return on cash invested prints 27.5% in year one, and rental yield reads 11.05% against a $287,999 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation compiles into $79,569 by year five. Five-year ROI reaches 144.75% and total cumulative return in cash sums $138,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,652/mo property income covering a $1,410/mo payment, not borrower’s personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78124, Marion, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,530 (100%) |
| Owner Occupied HU | 2,926 (82.9%) |
| Renter Occupied HU | 403 (11.4%) |
| Vacant Housing Units | 201 ( 5.7%) |
| Median Home Value | $402,261 |
| Average Home Value | $409,764 |
Housing Distribution
Address Breakdown
Residential
2,830
Single Family
2,830
Multi-Family
0
Businesses
212
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