309 Rike Rd,Mabank,TX,75156

Investment Highlights

Investment property for sale in Mabank at 309 Rike Rd, Mabank, TX, 75156 offers a 8.87% rental yield on a $245,000 purchase with $1,810/mo rent. Total monthly income registers $1,810/mo, and a $1,199/mo payment leaves $68/mo available for distribution. Annual cash flow reaches $815/yr on $81,218 to close, and return on cash invested stands at 20.91% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 109.42% and total cumulative return in cash at $88,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,810/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.