20575 County Road 1740MathisTX78368
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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
Investment property for sale in Mathis at 20575 County Road 1740, Mathis, TX, 78368 uses $41,419 cash to close to unlock $10,152/yr annual cash flow and $846/mo monthly cash flow. Total monthly income runs $1,735/mo, and a $612/mo payment keeps the spread at $846/mo. Purchase price stands at $124,945, and rental yield measures 16.66% with $1,735/mo rent. Return on cash invested shows 44.42% in year one, and 5% annual appreciation builds toward $34,520 over five years. Five-year ROI reaches 235.66% and total cumulative return in cash records $97,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,735/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1924
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78368, Mathis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 2,565 (58.8%) |
| Renter Occupied HU | 827 (19.0%) |
| Vacant Housing Units | 972 (22.3%) |
| Median Home Value | $131,852 |
| Average Home Value | $181,989 |
Housing Distribution
Address Breakdown
Residential
3,612
Single Family
3,509
Multi-Family
103
Businesses
252
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