201 Live Oak St, Marlin, TX, 76661 | 7.49% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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201 Live Oak St, Marlin, TX, 76661 | 7.49% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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

Rental property for sale in Marlin at 201 Live Oak St, Marlin, TX, 76661 priced at $295,000 pairs $1,841/mo rent with after a $1,444/mo payment. Total monthly income equals $1,841/mo. Return on cash invested is 16.76% in year one, and rental yield stands at 7.49% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 87.19% and total cumulative return in cash reaches $85,262. For financing, Ziffy Mortgage’s DSCR program evaluates $1,841/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1898

3,267 sqft lot

$N/A/sqft

No HOA

More details about the property

Did you ever want to live downtown. Now is your chance. This two story building has the opportunity for you to open your business on the first floor while living in the exquisitely attractive second story. Modern kitchen with new granite counters with marble backsplash, wine cooler, dishwasher, electric stove and refrigerator. Eat-at bar/counter is very convenient for hasty meals. Adjacent to the kitchen is the dining room area which opens to one of two living areas. Included in this area is an office and a large pantry. The office has Parquet Floors and is set up for high speed internet. This area is heated with one of two Pellet Stoves. The second Pellet Stove is in the second living area. The two bedrooms adjoin the second living area. Hallway has floor to ceiling book shelves. The bedrooms have carpet and nice sized closets. The bath is really unique with claw foot soaking tub, separate shower and antique cabinets. The laundry room is off of the bathroom. You will enjoy the high ceilings and original wood floors. Also there is a room at the landing which is great for your plants or for some quiet reading time. There also is a metal two car, detached garage with 9 foot insulated walls and roof. Seller has made a lot of upgrades which include a 2023 TPO roof, double pane windows, 2 - 5 ton A/C units, new air handlers, new water heater and there has been electrical work done. There also is a Security Camera that stays with the sale. Downstairs area is insulated and has a half bath. This area contains 3420 sq ft. Facing Live Oak is a large glass display area. Perfect for your business. Call today and make an appointment to view this special property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76661, Marlin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,259 (100%)
Owner Occupied HU	1,536 (47.1%)
Renter Occupied HU	1,020 (31.3%)
Vacant Housing Units	703 (21.6%)
Median Home Value	$95,692
Average Home Value	$130,791