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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in May at 3400 Lake Shore Dr, May, TX, 76857 at $107,000 posts ROI 9.85% with from $853/mo rent. Total monthly income equals $853/mo. Return on cash invested measures 9.85% and rental yield reads 9.57% at the current $107,000. Equity gained on principal adds $690/yr, and 5% annual appreciation supports $29,562 by year five. Five-year ROI prints 54.96% and total cumulative return in cash totals $19,494. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $853/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1994
0.43 Acres lot
$N/A/sqft
$389 monthly HOA
Neighborhood data shown for ZIP Code: 76857, May, TX area.
| 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 |
Residential
901
Single Family
900
Multi-Family
1
Businesses
36
Date | Event | Price |
|---|---|---|
| 2024-11-15 | Listed for sale | $107,000 |
| 2024-05-11 | Listing removed | N/A |
| 2024-04-02 | Price change | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $955.57 | N/A | $79,830 | 149.78% |
| 2023-12-27 | N/A | N/A | $31,960 | 6.93% |
| 2022-12-27 | $418.32 | N/A | $29,890 | 3.97% |
Listed by: Ray Conner • United Country - Heart of Texas RE
Mls Name: NTREIS
Mls ID: #20763275
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.
