1311 McKinley AvenueMasonTX76856
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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 Mason at 1311 McKinley Avenue, Mason, TX, 76856 priced at $798,500 converts $2,760/mo rent into after a $3,908/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 6.73% in year one, and rental yield reads 4.15% against a $798,500 entry. Equity gained on principal adds $5,153/yr, while 5% annual appreciation compiles into $220,611 by year five. Five-year ROI reaches 33.36% and total cumulative return in cash sums $87,629. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $3,908/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76856, Mason, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,213 (100%) |
| Owner Occupied HU | 1,283 (58.0%) |
| Renter Occupied HU | 386 (17.4%) |
| Vacant Housing Units | 544 (24.6%) |
| Median Home Value | $316,341 |
| Average Home Value | $455,563 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
209
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Listed by: Michele Smith • Reata Ranch Realty, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #171710
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.