24748 County Road 350MathisTX78368
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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 Mathis at 24748 County Road 350, Mathis, TX, 78368 earns from $876/mo rent with a $910/mo payment. Total monthly income totals $876/mo. ROI tracks 11.22% on current figures, and rental yield reads 5.65% at a $186,000 purchase. Equity gained on principal adds $1,200/yr, and 5% annual appreciation supports $51,388 over five years. Five-year ROI reaches 57.48% and total cumulative return in cash sums $35,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $876/mo property income instead of your personal income.
Single Family
Built in 1986
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78368, Mathis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 2,565 (58.8%) |
| Renter Occupied HU | 827 (19.0%) |
| Vacant Housing Units | 972 (22.3%) |
| Median Home Value | $131,852 |
| Average Home Value | $181,989 |
Housing Distribution
Address Breakdown
Residential
3,612
Single Family
3,509
Multi-Family
103
Businesses
252
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