203 E Lance StMadisonvilleTX77864
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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
Rental property for sale in Madisonville at 203 E Lance St, Madisonville, TX, 77864 offers $1,931/mo rent that, after a $1,199/mo payment, leaves $189/mo cash flow. Total monthly income is $1,931/mo, and annual cash flow is $2,267/yr on $81,218 cash. Return on cash invested measures 22.7% in year one, and rental yield stands at 9.46% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 119.03% and total cumulative return in cash reaches $96,672. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,931/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.07 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
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Listed by: Daniel Hernandez • Top Guns Realty on Lake Conroe
Mls Name: HAR
Mls ID: #41832209