1481 Hendrix LnMadisonvilleTX77864
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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 Madisonville at 1481 Hendrix Ln, Madisonville, TX, 77864 generates $1,700/mo in rent, after a $1,224/mo payment. Total monthly income is $1,700/mo. Return on cash invested sits at 18.78% in year one, and rental yield is 8.16% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 97.98% and total cumulative return in cash sums $81,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,700/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77864, Madisonville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 1,781 (58.5%) |
| Renter Occupied HU | 812 (26.7%) |
| Vacant Housing Units | 449 (14.8%) |
| Median Home Value | $157,687 |
| Average Home Value | $207,003 |
Housing Distribution
Address Breakdown
Residential
2,943
Single Family
2,911
Multi-Family
32
Businesses
477
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Listed by: Eric Hollis • Keller Williams Realty Brazos Valley office
Mls Name: BCSMLS
Mls Provider:
Mls ID: #25007598
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.