



A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


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 shown for ZIP Code: 76671, Morgan, TX area.
| 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 |
Residential
854
Single Family
854
Multi-Family
0
Businesses
25
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listing removed | $365,000 |
| 2025-01-23 | Price change | $365,000 |
| 2024-09-30 | Price change | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $1175.91 | -26.60% | $161,839 | 23.15% |
| 2023-10-09 | $1601.95 | -7.19% | $131,414 | 1.49% |
| 2022-10-09 | $1726.04 | N/A | $129,481 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A