360 W Elm DrMurchisonTX75778
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Murchison at 360 W Elm Dr, Murchison, TX, 75778 priced at $159,040 pairs $2,156/mo rent with $995/mo cash flow after a $778/mo payment. Total monthly income equals $2,156/mo, and annual cash flow comes to $11,946/yr on $52,722 invested. Return on cash invested is 42.57% in year one, and rental yield stands at 16.27% on a $159,040 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,940 by year five. Five-year ROI measures 225.83% and total cumulative return in cash reaches $119,064. For financing, Ziffy Mortgage’s DSCR program evaluates $2,156/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.53 Acres lot
$N/A/sqft
$30 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75778, Murchison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,871 (100%) |
| Owner Occupied HU | 1,221 (65.3%) |
| Renter Occupied HU | 285 (15.2%) |
| Vacant Housing Units | 365 (19.5%) |
| Median Home Value | $253,042 |
| Average Home Value | $268,290 |
Housing Distribution
Address Breakdown
Residential
1,313
Single Family
1,313
Multi-Family
0
Businesses
58
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