1314 Rock Dam RdMarlinTX76661
Nearby investment properties with comparable rents
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
Investment property for sale in Marlin at 1314 Rock Dam Rd, Marlin, TX, 76661 with 5% annual appreciation on a $345,000 basis while $4,638/mo rent supports operations. Total monthly income totals $4,638/mo and a $1,689/mo payment preserves $2,184/mo for cash returns. Annual cash flow comes to $26,211/yr on $114,368 deployed, and return on cash invested reaches 42.83% in year one. Equity gained on principal adds $2,226/yr, and five-year appreciation sums $95,317 alongside rental yield of 16.13%. Five-year ROI measures 226.97% and total cumulative return in cash totals $259,576.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,638/mo property income versus a $1,689/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1911
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76661, Marlin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,259 (100%) |
| Owner Occupied HU | 1,536 (47.1%) |
| Renter Occupied HU | 1,020 (31.3%) |
| Vacant Housing Units | 703 (21.6%) |
| Median Home Value | $95,692 |
| Average Home Value | $130,791 |
Housing Distribution
Address Breakdown
Residential
2,712
Single Family
2,571
Multi-Family
141
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Otis Faulkenberry • Coldwell Banker Apex, REALTORS
Mls Name: WMLS
Mls Provider:
Mls ID: #221886
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-16 03:54:50 PDT