301 Rike RdMabankTX75147
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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 Mabank at 301 Rike Rd, Mabank, TX, 75147 uses $77,903 cash to close to unlock $2,653/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,892/mo, and a $1,150/mo payment keeps the spread at $221/mo. Purchase price stands at $235,000, and rental yield measures 9.66% with $1,892/mo rent. Return on cash invested shows 23.31% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 122.37% and total cumulative return in cash records $95,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,892/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2019
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75147, Mabank, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,477 (65.3%) |
| Renter Occupied HU | 981 (25.9%) |
| Vacant Housing Units | 335 ( 8.8%) |
| Median Home Value | $336,546 |
| Average Home Value | $337,294 |
Housing Distribution
Address Breakdown
Residential
3,698
Single Family
3,622
Multi-Family
76
Businesses
411
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