1980 Fm 3305MortonTX79346
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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 Morton at 1980 Fm 3305, Morton, TX, 79346 listed at $200,000 pairs $1,376/mo rent with a $979/mo payment. Total monthly income runs $1,376/mo. Return on cash invested measures 19.07% in year one, and rental yield registers 8.26% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 99.58% and total cumulative return in cash totals $66,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,376/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
5 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
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Listed by: Brandi McCasland • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202556255
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.