304 County Road 1524MorganTX76671
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 Morgan at 304 County Road 1524, Morgan, TX, 76671 listed at $319,000 pairs $2,383/mo rent with a $1,561/mo payment to leave $115/mo cash flow. Total monthly income runs $2,383/mo, and annual cash flow reaches $1,379/yr on $105,749 cash to close. Return on cash invested measures 21.21% in year one, and rental yield registers 8.96% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 111.04% and total cumulative return in cash totals $117,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,383/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76671, Morgan, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices