234 Private Road 1401MorganTX76671
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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 Morgan at 234 Private Road 1401, Morgan, TX, 76671 uses $53,650 cash to close to unlock $6,567/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $1,698/mo, and a $792/mo payment keeps the spread at $547/mo. Purchase price stands at $161,839, and rental yield measures 12.59% with $1,698/mo rent. Return on cash invested shows 32.15% in year one, and 5% annual appreciation builds toward $44,713 over five years. Five-year ROI reaches 169.75% and total cumulative return in cash records $91,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,698/mo property income covering a $792/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76671, Morgan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,210 (100%) |
| Owner Occupied HU | 753 (62.2%) |
| Renter Occupied HU | 111 ( 9.2%) |
| Vacant Housing Units | 346 (28.6%) |
| Median Home Value | $305,975 |
| Average Home Value | $363,463 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
25
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