3230 Harbor 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 3230 Harbor Dr, May, TX, 76857 with 5% annual appreciation on a $185,000 basis while $1,468/mo rent supports operations. Total monthly income totals $1,468/mo and a $905/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,835/yr on $61,328 deployed, and return on cash invested reaches 22.9% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.52%. Five-year ROI measures 120.11% and total cumulative return in cash totals $73,659.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,468/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.70 Acres lot
$N/A/sqft
No 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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