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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Get DSCR Mortgage Rate Quote
$1,575,000
3 bds2 ba2733sqft
1982 Mountain Pass RdMerkelTX79536
1.97%
Gross Yield
0.11%
ROI
$2,585/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Total monthly income runs $2,585/mo, and a $7,709/mo payment. Purchase price stands at $1,575,000, and rental yield measures 1.97% with $2,585/mo rent. Return on cash invested shows 0.11% in year one, and 5% annual appreciation builds toward $435,143 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,585/mo property income covering a $7,709/mo payment rather than investor’s personal income.
Single Family
Built in 1993
203.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79536, Merkel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,354 (100%) |
| Owner Occupied HU | 1,643 (69.8%) |
| Renter Occupied HU | 375 (15.9%) |
| Vacant Housing Units | 336 (14.3%) |
| Median Home Value | $186,880 |
| Average Home Value | $235,380 |
Housing Distribution
Address Breakdown
Residential
2,112
Single Family
2,112
Multi-Family
0
Businesses
154
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Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved