1212 S 10thMerkelTX79536
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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 1212 S 10th, Merkel, TX, 79536 generates $2,220/mo in rent and, after a $832/mo payment, leaves $1,011/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $12,137/yr on $56,322 invested. Return on cash invested sits at 41.46% in year one, and rental yield is 15.68% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 219.67% and total cumulative return in cash sums $123,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
8,407 sqft 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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Listed by: Suzanne Fulkerson • Real Broker, LLC.
Mls Name: NTREIS
Mls ID: #20702023
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.