200 S McElroy StCraneTX79731
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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 Crane at 200 S McElroy St, Crane, TX, 79731 uses $56,322 cash to close to unlock $4,721/yr annual cash flow and $393/mo monthly cash flow. Total monthly income runs $1,602/mo, and a $832/mo payment keeps the spread at $393/mo. Purchase price stands at $169,900, and rental yield measures 11.31% with $1,602/mo rent. Return on cash invested shows 28.29% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 149.04% and total cumulative return in cash records $83,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,602/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79731, Crane, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,892 (100%) |
| Owner Occupied HU | 1,291 (68.2%) |
| Renter Occupied HU | 342 (18.1%) |
| Vacant Housing Units | 259 (13.7%) |
| Median Home Value | $143,934 |
| Average Home Value | $198,943 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,573
Multi-Family
8
Businesses
202
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