132 Zenna Dr, Mathis, TX, 78368 | $206/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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132 Zenna Dr, Mathis, TX, 78368 | $206/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mathis at 132 Zenna Dr, Mathis, TX, 78368 generates $2,940/mo in rent and, after a $1,882/mo payment, leaves $206/mo in cash flow. Total monthly income is $2,940/mo, and annual cash flow is $2,468/yr on $127,462 invested. Return on cash invested sits at 21.85% in year one, and rental yield is 9.18% on a $384,500 entry. Equity gained on principal adds $2,481/yr, while 5% annual appreciation builds toward $106,230 over five years. Five-year ROI reaches 114.44% and total cumulative return in cash sums $145,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,940/mo property income rather than buyer’s personal income.

Single Family

Built in 1971

0.58 Acres lot

$N/A/sqft

No HOA

More details about the property

ATTENTION ALL BUYERS! THE OWNER IS OFFERING SELLER FINANCING WITH AN ACCEPTABLE OFFER ON THIS ONE-OF-A-KIND WATERFRONT HOME IN POINT LOMA SUBDIVISIONA PROPERTY THAT SHOWCASES STUNNING LAKE CORPUS CHRISTI VIEWS FROM EVERY ANGLE! THIS UPDATED 4 BR/2 BA HOME FEATURES A KITCHEN WITH GRANITE COUNTERTOPS, TUMBLED MARBLE BACKSPLASH, AND AN ELEGANT FARMHOUSE COPPER SINK. THE SPACIOUS ADJACENT MUD ROOM DOUBLES AS A PANTRY FOR ADDED CONVENIENCE. THE UPSTAIRS MASTER SUITE BOASTS A GREAT VIEW, AND THE OPEN DINING, LIVING, ADDITIONAL BEDROOM, AND SUNROOM AREAS ALL OFFER BEAUTIFUL WATER VISTAS. THE UPDATED BATHROOM, LAUNDRY AREA, AND BONUS ROOMPERFECT FOR AN OFFICE OR EXTRA BEDROOMCOMPLETE THE UPSTAIRS SPACE. DOWNSTAIRS YOU'LL FIND 2 BR/1 BA, A COZY LIVING AREA, AND A HANDY KITCHENETTE. ENJOY FISHING RIGHT FROM YOUR OWN PIER AND LAUNCH YOUR BOAT AT THE POINT LOMA SUBDIVISION RAMP. RELAX ON THE BEAUTIFUL COVERED PATIO OR TAKE A REFRESHING DIP IN THE INVITING IN-GROUND CONCRETE POOL! THE COVERED CONCRETE CARPORT EVEN DOUBLES AS EXTRA PATIO SPACE FOR ENTERTAINING GUESTS. PLUS, GUYSTHERE'S A DETACHED GAZEBO OFF THE DECK FOR ADDED OUTDOOR ENJOYMENT. WITH NEW HVAC AND FRESH INTERIOR & EXTERIOR PAINT, THIS HOME IS MOVE-IN READY. AND YOURE ONLY ABOUT FIVE MINUTES FROM SHOPPING IN THE TOWN OF MATHIS! CORPUS CHRISTI IS ONLY ABOUT 30 MINUTES AWAY. THIS IS WATERFRONT LIVING AT ITS BESTDONT MISS OUT!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78368, Mathis, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,364 (100%)
Owner Occupied HU	2,565 (58.8%)
Renter Occupied HU	827 (19.0%)
Vacant Housing Units	972 (22.3%)
Median Home Value	$131,852
Average Home Value	$181,989