204 W Mount Vernon StMabankTX75147
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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 Mabank at 204 W Mount Vernon St, Mabank, TX, 75147 priced at $114,000 pairs $887/mo rent with $76/mo cash flow after a $558/mo payment. Total monthly income equals $887/mo, and annual cash flow comes to $916/yr on $37,791 invested. Return on cash invested is 22.33% in year one, and rental yield stands at 9.34% on a $114,000 basis. Equity gained on principal adds $736/yr, and 5% annual appreciation accumulates to $31,496 by year five. Five-year ROI measures 117.13% and total cumulative return in cash reaches $44,263. For financing, Ziffy Mortgage’s DSCR program evaluates $887/mo property income against a $558/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75147, Mabank, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,477 (65.3%) |
| Renter Occupied HU | 981 (25.9%) |
| Vacant Housing Units | 335 ( 8.8%) |
| Median Home Value | $336,546 |
| Average Home Value | $337,294 |
Housing Distribution
Address Breakdown
Residential
3,698
Single Family
3,622
Multi-Family
76
Businesses
411
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