1703 Marvin StSweetwaterTX79556
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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 Sweetwater at 1703 Marvin St, Sweetwater, TX, 79556 listed at $124,000 pairs $989/mo rent with a $607/mo payment to leave $107/mo cash flow. Total monthly income runs $989/mo, and annual cash flow reaches $1,286/yr on $41,106 cash to close. Return on cash invested measures 23.04% in year one, and rental yield registers 9.57% at a $124,000 basis. Equity gained on principal adds $800/yr, and annual property appreciation at 5% supports $34,259 by year five. Five-year ROI tracks 120.95% and total cumulative return in cash totals $49,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $989/mo property income relative to a $607/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79556, Sweetwater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,129 (100%) |
| Owner Occupied HU | 3,203 (52.3%) |
| Renter Occupied HU | 1,771 (28.9%) |
| Vacant Housing Units | 1,155 (18.8%) |
| Median Home Value | $115,486 |
| Average Home Value | $163,313 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
4,830
Multi-Family
315
Businesses
639
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Listed by: Michael Hammit • Morgan Real Estate
Mls Name: Nolan County BOR
Mls ID: #5163
Disclaimer: Copyright Nolan County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.