153 Old Wingo PlMc DadeTX78650
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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 Mc Dade at 153 Old Wingo Pl, Mc Dade, TX, 78650 offers $2,148/mo rent that, after a $1,958/mo payment. Total monthly income is $2,148/mo. Return on cash invested measures 13.6% in year one, and rental yield stands at 6.44% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 70.27% and total cumulative return in cash reaches $93,172. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,148/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78650, Mc Dade, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 573 (67.6%) |
| Renter Occupied HU | 141 (16.6%) |
| Vacant Housing Units | 134 (15.8%) |
| Median Home Value | $327,232 |
| Average Home Value | $416,654 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
54
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