119 MartinezMcqueeneyTX78123
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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
Investment property for sale in Mcqueeney at 119 Martinez, Mcqueeney, TX, 78123 uses $54,863 cash to close to unlock $806/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $810/mo payment keeps the spread at $67/mo. Purchase price stands at $165,500, and rental yield measures 9.02% with $1,244/mo rent. Return on cash invested shows 21.38% in year one, and 5% annual appreciation builds toward $45,725 over five years. Five-year ROI reaches 112.03% and total cumulative return in cash records $61,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $810/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78123, Mc Queeney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,289 (100%) |
| Owner Occupied HU | 790 (61.3%) |
| Renter Occupied HU | 170 (13.2%) |
| Vacant Housing Units | 329 (25.5%) |
| Median Home Value | $493,182 |
| Average Home Value | $511,161 |
Housing Distribution
Address Breakdown
Residential
1,108
Single Family
1,108
Multi-Family
0
Businesses
139
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Listed by: Vanessa Martinez • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1850172
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.