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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mexia at 1502 Hinchliffe Rd, Mexia, TX, 76667 generates $2,246/mo in rent and, after a $1,150/mo payment, leaves $476/mo in cash flow. Total monthly income is $2,246/mo, and annual cash flow is $5,707/yr on $77,903 invested. Return on cash invested sits at 27.24% in year one, and rental yield is 11.47% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 143.91% and total cumulative return in cash sums $112,108. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,246/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76667, Mexia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 2,937 (59.7%) |
| Renter Occupied HU | 1,210 (24.6%) |
| Vacant Housing Units | 774 (15.7%) |
| Median Home Value | $166,706 |
| Average Home Value | $230,596 |
Residential
4,262
Single Family
4,122
Multi-Family
140
Businesses
507
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $235,000 |
| 2013-03-13 | Listing removed | $199,500 |
| 2012-11-15 | Price change | $199,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $5094.33 | 4.40% | $300,903 | 10.00% |
| 2023-04-18 | $4879.61 | -12.16% | $273,548 | 10.00% |
| 2022-04-18 | $5555.25 | 2.90% | $248,680 | 8.17% |
Listed by: Kristen Radke • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20908455
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.
