310 W Canal StMenardTX76859
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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 Menard at 310 W Canal St, Menard, TX, 76859 at $210,000 posts ROI 20.12% with $13/mo cash flow from $1,506/mo rent. Total monthly income equals $1,506/mo, and annual cash flow records $150/yr on $69,615 to close. Return on cash invested measures 20.12% and rental yield reads 8.61% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 105.24% and total cumulative return in cash totals $73,264.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,506/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76859, Menard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 624 (50.6%) |
| Renter Occupied HU | 186 (15.1%) |
| Vacant Housing Units | 424 (34.4%) |
| Median Home Value | $117,045 |
| Average Home Value | $212,796 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
130
Multi-Family
1
Businesses
91
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