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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 Maypearl at 309 E 2nd St, Maypearl, TX, 76064 offers a 9.78% rental yield on a $265,000 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,297/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,307/yr on $87,848 to close, and return on cash invested stands at 23.67% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 124.27% and total cumulative return in cash at $109,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76064, Maypearl, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 702 (100%) |
| Owner Occupied HU | 553 (78.8%) |
| Renter Occupied HU | 128 (18.2%) |
| Vacant Housing Units | 21 ( 3.0%) |
| Median Home Value | $450,342 |
| Average Home Value | $489,259 |
Residential
413
Single Family
413
Multi-Family
0
Businesses
61
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nick Termini • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #21050889
