231 Harris BlvdMalakoffTX75148
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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 Malakoff at 231 Harris Blvd, Malakoff, TX, 75148 uses $71,936 cash to close to unlock $3,034/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,062/mo payment keeps the spread at $253/mo. Purchase price stands at $217,000, and rental yield measures 9.95% with $1,800/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 126.7% and total cumulative return in cash records $91,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75148, Malakoff, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,158 (100%) |
| Owner Occupied HU | 1,739 (55.1%) |
| Renter Occupied HU | 602 (19.1%) |
| Vacant Housing Units | 817 (25.9%) |
| Median Home Value | $229,833 |
| Average Home Value | $309,856 |
Housing Distribution
Address Breakdown
Residential
2,471
Single Family
2,471
Multi-Family
0
Businesses
216
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Listed by: Martina Solis • Local Pro Realty, LLC
Mls Name: NTREIS
Mls ID: #21020203
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.