1210 S 9thMerkelTX79536
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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 Merkel at 1210 S 9th, Merkel, TX, 79536 generates $2,244/mo in rent and, after a $1,395/mo payment, leaves $217/mo in cash flow. Total monthly income is $2,244/mo, and annual cash flow is $2,607/yr on $94,478 invested. Return on cash invested sits at 22.67% in year one, and rental yield is 9.45% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 118.89% and total cumulative return in cash sums $112,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,244/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79536, Merkel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,354 (100%) |
| Owner Occupied HU | 1,643 (69.8%) |
| Renter Occupied HU | 375 (15.9%) |
| Vacant Housing Units | 336 (14.3%) |
| Median Home Value | $186,880 |
| Average Home Value | $235,380 |
Housing Distribution
Address Breakdown
Residential
2,112
Single Family
2,112
Multi-Family
0
Businesses
154
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