217 Meadowlark LaneMcqueeneyTX78123
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 Mcqueeney at 217 Meadowlark Lane, Mcqueeney, TX, 78123 offers a 7.29% rental yield on a $424,999 purchase with $2,582/mo rent. 16% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,419 over five years. Portfolio math shows five-year ROI at 83.94% and total cumulative return in cash at $118,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,582/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78123, Mc Queeney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,289 (100%) |
| Owner Occupied HU | 790 (61.3%) |
| Renter Occupied HU | 170 (13.2%) |
| Vacant Housing Units | 329 (25.5%) |
| Median Home Value | $493,182 |
| Average Home Value | $511,161 |
Housing Distribution
Address Breakdown
Residential
1,108
Single Family
1,108
Multi-Family
0
Businesses
139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices