1906 Cannon LnMadisonvilleTX77864
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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 Madisonville at 1906 Cannon Ln, Madisonville, TX, 77864 priced at $995,000 converts $4,340/mo rent into after a $4,870/mo obligation. Total monthly income equals $4,340/mo. Return on cash invested prints 10.03% in year one, and rental yield reads 5.23% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 51.07% and total cumulative return in cash sums $167,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,340/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Single Family
Built in 2001
29.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77864, Madisonville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 1,781 (58.5%) |
| Renter Occupied HU | 812 (26.7%) |
| Vacant Housing Units | 449 (14.8%) |
| Median Home Value | $157,687 |
| Average Home Value | $207,003 |
Housing Distribution
Address Breakdown
Residential
2,943
Single Family
2,911
Multi-Family
32
Businesses
477
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Listed by: Lisa Taylor • DBL Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #96799236
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