1401 E Texas AveMartTX76664
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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 Mart at 1401 E Texas Ave, Mart, TX, 76664 uses $62,322 cash to close to unlock $5,679/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $1,810/mo, and a $920/mo payment keeps the spread at $473/mo. Purchase price stands at $188,000, and rental yield measures 11.55% with $1,810/mo rent. Return on cash invested shows 29.02% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 152.97% and total cumulative return in cash records $95,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,810/mo property income covering a $920/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76664, Mart, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
96
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