115 W Clay StMontagueTX76251
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
Investment property for sale in Montague at 115 W Clay St, Montague, TX, 76251 offers a 16.57% rental yield on a $180,000 purchase with $2,485/mo rent. Total monthly income registers $2,485/mo, and a $881/mo payment leaves $1,205/mo available for distribution. Annual cash flow reaches $14,460/yr on $59,670 to close, and return on cash invested stands at 44.14% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 233.99% and total cumulative return in cash at $139,625. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,485/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76251, Montague, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 406 (100%) |
| Owner Occupied HU | 294 (72.4%) |
| Renter Occupied HU | 33 ( 8.1%) |
| Vacant Housing Units | 79 (19.5%) |
| Median Home Value | $347,368 |
| Average Home Value | $458,512 |
Housing Distribution
Address Breakdown
Residential
315
Single Family
315
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices