3161 Starboard DrMayTX76857
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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 May at 3161 Starboard Dr, May, TX, 76857 uses $41,438 cash to close to unlock $826/yr annual cash flow and $69/mo monthly cash flow. Total monthly income runs $985/mo, and a $612/mo payment keeps the spread at $69/mo. Purchase price stands at $125,000, and rental yield measures 9.46% with $985/mo rent. Return on cash invested shows 21.9% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 115.01% and total cumulative return in cash records $47,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $985/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.34 Acres lot
$N/A/sqft
$325 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76857, May, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,684 (100%) |
| Owner Occupied HU | 793 (47.1%) |
| Renter Occupied HU | 100 ( 5.9%) |
| Vacant Housing Units | 791 (47.0%) |
| Median Home Value | $220,313 |
| Average Home Value | $266,081 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
900
Multi-Family
1
Businesses
36
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Listed by: Heidi Andrade • Ann Jones Real Estate
Mls Name: NTREIS
Mls ID: #20832616
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.