11512 Melstone DrManorTX78653
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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 Manor at 11512 Melstone Dr, Manor, TX, 78653 generates $2,280/mo in rent and, after a $1,174/mo payment, leaves $574/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $6,891/yr on $79,527 invested. Return on cash invested sits at 28.57% in year one, and rental yield is 11.4% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 150.55% and total cumulative return in cash sums $119,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
6,664 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78653, Manor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,105 (100%) |
| Owner Occupied HU | 13,219 (73.0%) |
| Renter Occupied HU | 3,411 (18.8%) |
| Vacant Housing Units | 1,475 ( 8.1%) |
| Median Home Value | $379,053 |
| Average Home Value | $442,432 |
Housing Distribution
Address Breakdown
Residential
15,691
Single Family
14,498
Multi-Family
1,193
Businesses
503
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