1607 W Meredith StMarshallTX75670
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marshall at 1607 W Meredith St, Marshall, TX, 75670 listed at $130,000 pairs $1,006/mo rent with a $636/mo payment to leave $82/mo cash flow. Total monthly income runs $1,006/mo, and annual cash flow reaches $982/yr on $43,095 cash to close. Return on cash invested measures 22.19% in year one, and rental yield registers 9.29% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 116.26% and total cumulative return in cash totals $50,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,006/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75670, Marshall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,193 (100%) |
| Owner Occupied HU | 3,529 (49.1%) |
| Renter Occupied HU | 2,528 (35.1%) |
| Vacant Housing Units | 1,136 (15.8%) |
| Median Home Value | $120,148 |
| Average Home Value | $221,295 |
Housing Distribution
Address Breakdown
Residential
6,756
Single Family
6,457
Multi-Family
299
Businesses
928
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices