300 Heath AveMadisonvilleTX77864
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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
Rental property for sale in Madisonville at 300 Heath Ave, Madisonville, TX, 77864 offers $1,897/mo rent that, after a $1,101/mo payment, leaves $297/mo cash flow. Total monthly income is $1,897/mo, and annual cash flow is $3,567/yr on $74,588 cash. Return on cash invested measures 24.69% in year one, and rental yield stands at 10.12% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 129.73% and total cumulative return in cash reaches $96,765. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,897/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77864, Madisonville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 1,781 (58.5%) |
| Renter Occupied HU | 812 (26.7%) |
| Vacant Housing Units | 449 (14.8%) |
| Median Home Value | $157,687 |
| Average Home Value | $207,003 |
Housing Distribution
Address Breakdown
Residential
2,943
Single Family
2,911
Multi-Family
32
Businesses
477
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Listed by: Kayla Hayden • Top Guns Realty on Lake Conroe
Mls Name: HAR
Mls Provider:
Mls ID: #51210089
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