2901 E Fm 583MayTX76857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 May at 2901 E Fm 583, May, TX, 76857 offers a 3% rental yield on a $875,000 purchase with $2,191/mo rent. 25% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 14.72% and total cumulative return in cash at $42,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,191/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
132 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76857, May, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,684 (100%) |
| Owner Occupied HU | 793 (47.1%) |
| Renter Occupied HU | 100 ( 5.9%) |
| Vacant Housing Units | 791 (47.0%) |
| Median Home Value | $220,313 |
| Average Home Value | $266,081 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
900
Multi-Family
1
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Clark • Ranch Pro Real Estate
Mls Name: NTREIS
Mls ID: #20722508
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.