232 County Road 356MerkelTX79536
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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
Total monthly income runs $1,753/mo, and a $2,245/mo payment. Purchase price stands at $458,775, and rental yield measures 4.59% with $1,753/mo rent. Return on cash invested shows 8% in year one, and 5% annual appreciation builds toward $126,751 over five years. Five-year ROI reaches 40.23% and total cumulative return in cash records $61,189. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,753/mo property income covering a $2,245/mo payment rather than investor’s personal income.
Single Family
Built in 1983
80.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79536, Merkel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,354 (100%) |
| Owner Occupied HU | 1,643 (69.8%) |
| Renter Occupied HU | 375 (15.9%) |
| Vacant Housing Units | 336 (14.3%) |
| Median Home Value | $186,880 |
| Average Home Value | $235,380 |
Housing Distribution
Address Breakdown
Residential
2,112
Single Family
2,112
Multi-Family
0
Businesses
154
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