303 W Park St UNIT AMadisonvilleTX77864
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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
Rental property for sale in Madisonville at 303 W Park St UNIT A, Madisonville, TX, 77864 priced at $199,995 pairs $1,577/mo rent with $155/mo cash flow after a $979/mo payment. Total monthly income equals $1,577/mo, and annual cash flow comes to $1,856/yr on $66,298 invested. Return on cash invested is 22.71% in year one, and rental yield stands at 9.46% on a $199,995 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,255 by year five. Five-year ROI measures 119.07% and total cumulative return in cash reaches $78,942. For financing, Ziffy Mortgage’s DSCR program evaluates $1,577/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
1 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: Adam Olsen • eXp Realty, LLC
Mls Name: HAR
Mls ID: #5447610