129 E Elm DrMurchisonTX75778
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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 Murchison at 129 E Elm Dr, Murchison, TX, 75778 uses $62,985 cash to close to unlock $4,718/yr annual cash flow and $393/mo monthly cash flow. Total monthly income runs $1,793/mo, and a $930/mo payment keeps the spread at $393/mo. Purchase price stands at $190,000, and rental yield measures 11.32% with $1,793/mo rent. Return on cash invested shows 27.4% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 144.64% and total cumulative return in cash records $91,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $930/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
0.37 Acres lot
$N/A/sqft
$146 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75778, Murchison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,871 (100%) |
| Owner Occupied HU | 1,221 (65.3%) |
| Renter Occupied HU | 285 (15.2%) |
| Vacant Housing Units | 365 (19.5%) |
| Median Home Value | $253,042 |
| Average Home Value | $268,290 |
Housing Distribution
Address Breakdown
Residential
1,313
Single Family
1,313
Multi-Family
0
Businesses
58
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Listed by: Debbie Wold • Exit Realty Pro
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25003251
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.