123 ColetteMarionTX78124
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Nearby investment properties with comparable prices
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 Marion at 123 Colette, Marion, TX, 78124 priced at $575,000 pairs $3,068/mo rent with after a $2,814/mo payment. Total monthly income equals $3,068/mo. Return on cash invested is 13.59% in year one, and rental yield stands at 6.4% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 70.14% and total cumulative return in cash reaches $132,683. For financing, Ziffy Mortgage’s DSCR program evaluates $3,068/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78124, Marion, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,530 (100%) |
| Owner Occupied HU | 2,926 (82.9%) |
| Renter Occupied HU | 403 (11.4%) |
| Vacant Housing Units | 201 ( 5.7%) |
| Median Home Value | $402,261 |
| Average Home Value | $409,764 |
Housing Distribution
Address Breakdown
Residential
2,830
Single Family
2,830
Multi-Family
0
Businesses
212
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