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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 291 County Road 1275, Morgan, TX, 76671 offers a 11.21% rental yield on a $160,000 purchase with $1,495/mo rent. Total monthly income registers $1,495/mo, and a $783/mo payment leaves $357/mo available for distribution. Annual cash flow reaches $4,288/yr on $53,040 to close, and return on cash invested stands at 27.99% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 147.47% and total cumulative return in cash at $78,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,495/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
2.40 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Listed by: Gayla Bevans • Bevans Real Estate
Mls Name: NTREIS
Mls ID: #21016764
