310 Outboard Dr,Mabank,TX,75156

Investment Highlights

Rental property for sale in Mabank at 310 Outboard Dr, Mabank, TX, 75156 priced at $299,000 converts $1,895/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,895/mo. Return on cash invested prints 17.11% in year one, and rental yield reads 7.61% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 89.1% and total cumulative return in cash sums $88,318. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,895/mo property income covering a $1,463/mo payment, not borrower’s personal income.