218 Lawndale DrMarlinTX76661
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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 Marlin at 218 Lawndale Dr, Marlin, TX, 76661 offers a 15.89% rental yield on a $122,250 purchase with $1,619/mo rent. Total monthly income registers $1,619/mo, and a $598/mo payment leaves $750/mo available for distribution. Annual cash flow reaches $9,000/yr on $40,526 to close, and return on cash invested stands at 42.12% in year one. Equity gained on principal adds $789/yr while 5% annual appreciation supports $33,775 over five years. Portfolio math shows five-year ROI at 223.28% and total cumulative return in cash at $90,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,619/mo property income against a $598/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76661, Marlin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,259 (100%) |
| Owner Occupied HU | 1,536 (47.1%) |
| Renter Occupied HU | 1,020 (31.3%) |
| Vacant Housing Units | 703 (21.6%) |
| Median Home Value | $95,692 |
| Average Home Value | $130,791 |
Housing Distribution
Address Breakdown
Residential
2,712
Single Family
2,571
Multi-Family
141
Businesses
367
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