202 W Limit StMadisonvilleTX77864
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Madisonville at 202 W Limit St, Madisonville, TX, 77864 uses $90,831 cash to close to unlock $716/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $2,008/mo, and a $1,341/mo payment keeps the spread at $60/mo. Purchase price stands at $274,000, and rental yield measures 8.79% with $2,008/mo rent. Return on cash invested shows 20.7% in year one, and 5% annual appreciation builds toward $75,701 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash records $98,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,008/mo property income covering a $1,341/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.37 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke Willis • Standley Real Estate Company, LLC
Mls Name: HAR
Mls ID: #63447171