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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mullin at 1153 Us Highway 84 W, Mullin, TX, 76864 generates $1,676/mo in rent, after a $1,566/mo payment. Total monthly income is $1,676/mo. Return on cash invested sits at 13.13% in year one, and rental yield is 6.29% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 67.7% and total cumulative return in cash sums $71,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,676/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
11 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76864, Mullin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 355 (61.5%) |
| Renter Occupied HU | 52 ( 9.0%) |
| Vacant Housing Units | 170 (29.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $493,275 |
Residential
332
Single Family
332
Multi-Family
0
Businesses
16
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Price change | $320,000 |
| 2024-09-14 | Price change | $345,000 |
| 2024-07-28 | Price change | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nicola Drosche • Ann Jones Real Estate
Mls Name: NTREIS
Mls ID: #20603560
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.
