1822 County Road 84MortonTX79346
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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
Rental property for sale in Morton at 1822 County Road 84, Morton, TX, 79346 generates $2,333/mo in rent, after a $1,708/mo payment. Total monthly income is $2,333/mo. Return on cash invested sits at 18.37% in year one, and rental yield is 8.02% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 95.81% and total cumulative return in cash sums $110,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,333/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79346, Morton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 710 (57.4%) |
| Renter Occupied HU | 205 (16.6%) |
| Vacant Housing Units | 323 (26.1%) |
| Median Home Value | $62,295 |
| Average Home Value | $99,996 |
Housing Distribution
Address Breakdown
Residential
849
Single Family
849
Multi-Family
0
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.