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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% |
Investment property for sale in Morgan at 166 Private Road 1404, Morgan, TX, 76671 listed at $320,000 pairs $3,264/mo rent with a $1,566/mo payment to leave $979/mo cash flow. Total monthly income runs $3,264/mo, and annual cash flow reaches $11,744/yr on $106,080 cash to close. Return on cash invested measures 30.98% in year one, and rental yield registers 12.24% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 163.46% and total cumulative return in cash totals $173,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,264/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
5.60 Acres lot
$N/A/sqft
$10 monthly HOA
Neighborhood data shown for ZIP Code: 76671, Morgan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,210 (100%) |
| Owner Occupied HU | 753 (62.2%) |
| Renter Occupied HU | 111 ( 9.2%) |
| Vacant Housing Units | 346 (28.6%) |
| Median Home Value | $305,975 |
| Average Home Value | $363,463 |
Residential
854
Single Family
854
Multi-Family
0
Businesses
25
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Price change | $320,000 |
| 2024-07-23 | Price change | $330,000 |
| 2024-06-27 | Listed for sale | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joe Iley • Mission Real Estate Group
Mls Name: NTREIS
Mls ID: #20658672
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.
