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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% |
Rental property for sale in Meridian at 403 E Morgan, Meridian, TX, 76665 priced at $172,400 pairs $1,627/mo rent with $364/mo cash flow after a $844/mo payment. Total monthly income equals $1,627/mo, and annual cash flow comes to $4,367/yr on $57,151 invested. Return on cash invested is 27.55% in year one, and rental yield stands at 11.32% on a $172,400 basis. Equity gained on principal adds $1,112/yr, and 5% annual appreciation accumulates to $47,631 by year five. Five-year ROI measures 145.31% and total cumulative return in cash reaches $83,047. For financing, Ziffy Mortgage’s DSCR program evaluates $1,627/mo property income against a $844/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76665, Meridian, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 735 (60.8%) |
| Renter Occupied HU | 262 (21.7%) |
| Vacant Housing Units | 211 (17.5%) |
| Median Home Value | $184,028 |
| Average Home Value | $338,017 |
Residential
847
Single Family
847
Multi-Family
0
Businesses
156
Date | Event | Price |
|---|---|---|
| 2025-03-08 | Listing removed | $180,000 |
| 2024-08-02 | Price change | $180,000 |
| 2024-04-11 | Listed for sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | N/A | N/A | $235,085 | 55.74% |
| 2023-10-09 | N/A | N/A | $150,948 | 0.01% |
| 2022-10-09 | $3304.40 | 37.00% | $150,927 | 37.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
