21826 CR 798MathisTX78368
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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 21826 CR 798, Mathis, TX, 78368 uses $56,322 cash to close to unlock $1,469/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $1,331/mo, and a $832/mo payment keeps the spread at $122/mo. Purchase price stands at $169,900, and rental yield measures 9.4% with $1,331/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 118.1% and total cumulative return in cash records $66,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,331/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
3 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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Listed by: Brenda Brown • R&B TEXAS REALTORS
Mls Name: SABOR
Mls Provider:
Mls ID: #1768380
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.