309 E 3rd StMaypearlTX76064
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 309 E 3rd St, Maypearl, TX, 76064 in Maypearl is straightforward: $259,000 in, $2,160/mo in rent, $318/mo out after debt service. The 10.01% gross yield and 1.85 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $71,557 by year five. With $2,385/yr in principal equity, the total cumulative return is projected at $119,717.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $318 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,739 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76064, Maypearl, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
61
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
Single Family
Built in 1947
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76064, Maypearl, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Destinee Rudd • City Real Estate
Mls Name: NTREIS
Mls ID: #20975601
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.