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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 Mexia at 1794 Highway 171, Mexia, TX, 76667 generates $2,248/mo in rent, after a $1,950/mo payment. Total monthly income is $2,248/mo. Return on cash invested sits at 14.59% in year one, and rental yield is 6.77% on a $398,500 entry. Equity gained on principal adds $2,571/yr, while 5% annual appreciation builds toward $110,098 over five years. Five-year ROI reaches 75.54% and total cumulative return in cash sums $99,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,248/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
14 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76667, Mexia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 2,937 (59.7%) |
| Renter Occupied HU | 1,210 (24.6%) |
| Vacant Housing Units | 774 (15.7%) |
| Median Home Value | $166,706 |
| Average Home Value | $230,596 |
Residential
4,262
Single Family
4,122
Multi-Family
140
Businesses
507
Date | Event | Price |
|---|---|---|
| 2024-04-12 | Listed for sale | $398,500 |
| 2023-12-07 | Listing removed | N/A |
| 2023-09-01 | Price change | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1874.31 | -19.07% | $118,880 | -13.42% |
| 2023-02-13 | $2316.01 | 15.45% | $137,310 | 27.33% |
| 2022-02-13 | $2006.04 | 3.49% | $107,840 | 7.41% |
Listed by: Mitzi Eves • Heritage Real Estate LLC
Mls Name: NTREIS
Mls ID: #20586576
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.
