2197 FM 1984MaxwellTX78656
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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 Maxwell at 2197 FM 1984, Maxwell, TX, 78656 generates $1,392/mo in rent, after a $2,325/mo payment. Total monthly income is $1,392/mo. Return on cash invested sits at 4.77% in year one, and rental yield is 3.52% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 22.91% and total cumulative return in cash sums $36,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
8.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78656, Maxwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,312 (100%) |
| Owner Occupied HU | 1,747 (75.6%) |
| Renter Occupied HU | 430 (18.6%) |
| Vacant Housing Units | 135 ( 5.8%) |
| Median Home Value | $289,295 |
| Average Home Value | $288,452 |
Housing Distribution
Address Breakdown
Residential
1,923
Single Family
1,923
Multi-Family
0
Businesses
52
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Listed by: Jiovany Melendez • Bray Real Estate Group- Dallas
Mls Name: SABOR
Mls Provider:
Mls ID: #1868033
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