223 Callender Lake DrMurchisonTX75778
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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 Murchison at 223 Callender Lake Dr, Murchison, TX, 75778 priced at $335,000 converts $1,936/mo rent into after a $1,640/mo obligation. Total monthly income equals $1,936/mo. Return on cash invested prints 14.77% in year one, and rental yield reads 6.93% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 76.63% and total cumulative return in cash sums $85,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,936/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.32 Acres lot
$N/A/sqft
$345 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75778, Murchison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,871 (100%) |
| Owner Occupied HU | 1,221 (65.3%) |
| Renter Occupied HU | 285 (15.2%) |
| Vacant Housing Units | 365 (19.5%) |
| Median Home Value | $253,042 |
| Average Home Value | $268,290 |
Housing Distribution
Address Breakdown
Residential
1,313
Single Family
1,313
Multi-Family
0
Businesses
58
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Listed by: Debbie Wold • Exit Realty Pro
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24011202
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.