155 Mystic DrMathisTX78368
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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 Mathis at 155 Mystic Dr, Mathis, TX, 78368 listed at $799,500 pairs $876/mo rent with a $3,913/mo payment. Total monthly income runs $876/mo. Return on cash invested measures -1.88% in year one, and rental yield registers 1.31% at a $799,500 basis. Equity gained on principal adds $5,159/yr, and annual property appreciation at 5% supports $220,887 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $876/mo property income relative to a $3,913/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
81.95 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,612
Single Family
3,509
Multi-Family
103
Businesses
252
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Listed by: Craig Wilson • Texas Ranches For Sale
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #444155
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.