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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mart at 1302 E McLennan Ave, Mart, TX, 76664 generates $1,783/mo in rent and, after a $1,223/mo payment, leaves $6/mo in cash flow. Total monthly income is $1,783/mo, and annual cash flow is $73/yr on $82,842 invested. Return on cash invested sits at 20% in year one, and rental yield is 8.56% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 104.57% and total cumulative return in cash sums $86,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,783/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76664, Mart, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 924 (62.5%) |
| Renter Occupied HU | 315 (21.3%) |
| Vacant Housing Units | 240 (16.2%) |
| Median Home Value | $207,386 |
| Average Home Value | $270,942 |
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
96
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $249,900 |
| 2019-04-19 | Listing removed | $69,000 |
| 2019-02-04 | Listed for sale | $69,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1579.01 | -24.56% | $186,593 | 10.00% |
| 2023-04-23 | $2093.01 | -22.64% | $169,630 | 10.00% |
| 2022-04-23 | $2705.55 | -3.96% | $154,209 | 10.00% |
Listed by: Valerie Warschak • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20912241
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.
