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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 Marion at 160 DAVIE LN, Marion, TX, 78124 priced at $267,000 converts $2,036/mo rent into $137/mo cash flow after a $1,307/mo obligation. Total monthly income equals $2,036/mo, and annual cash flow totals $1,646/yr on $88,511 invested. Return on cash invested prints 21.77% in year one, and rental yield reads 9.15% against a $267,000 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation compiles into $73,767 by year five. Five-year ROI reaches 114.06% and total cumulative return in cash sums $100,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,036/mo property income covering a $1,307/mo payment, not borrower’s personal income.
Manufactured
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78124, Marion, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,530 (100%) |
| Owner Occupied HU | 2,926 (82.9%) |
| Renter Occupied HU | 403 (11.4%) |
| Vacant Housing Units | 201 ( 5.7%) |
| Median Home Value | $402,261 |
| Average Home Value | $409,764 |
Residential
2,830
Single Family
2,830
Multi-Family
0
Businesses
212
Date | Event | Price |
|---|---|---|
| 2024-09-03 | Listed for sale | $267,000 |
| 2024-08-28 | Listing removed | N/A |
| 2024-07-22 | Price change | $267,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $150,146 | 10.00% |
| 2023-10-23 | $838.03 | N/A | $136,496 | 10.00% |
| 2022-10-23 | N/A | N/A | $124,087 | 10.00% |
Listed by: Trenton Cavness • Epique Realty LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1805998
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.
