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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 3490 Bounding Main Dr, May, TX, 76857 with 5% annual appreciation on a $289,000 basis while $1,187/mo rent supports operations. 72% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 4.93%. Five-year ROI measures 44.18% and total cumulative return in cash totals $42,326. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,187/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.28 Acres lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2025-02-10 | Listed for sale | $289,000 |
| 2023-12-14 | Listing removed | N/A |
| 2023-06-15 | Price change | $279,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2441.40 | N/A | $203,960 | -7.71% |
| 2023-02-13 | N/A | N/A | $221,000 | 12.34% |
| 2022-02-13 | $2753.19 | N/A | $196,720 | 38.70% |
Listed by: Camila Cagle • Ann Jones Real Estate
Mls Name: NTREIS
Mls ID: #20829758
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.
