205 McElroy StSouthmaydTX76268
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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 Southmayd at 205 McElroy St, Southmayd, TX, 76268 offers $2,659/mo rent that, after a $1,870/mo payment. Total monthly income is $2,659/mo. Return on cash invested measures 19.36% in year one, and rental yield stands at 8.35% at a $382,000 entry. Equity gained on principal adds $2,465/yr while 5% annual appreciation compounds into $105,540 by year five. Five-year ROI records 101.13% and total cumulative return in cash reaches $128,069. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,659/mo property income versus a $1,870/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76268, Southmayd, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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Listed by: Valentia Powell • SevenHaus Realty
Mls Name: NTREIS
Mls ID: #20880219
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