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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 Mexia at 408 S Canton St, Mexia, TX, 76667 earns $119/mo cash flow from $1,840/mo rent with a $1,125/mo payment. Total monthly income totals $1,840/mo, and annual cash flow totals $1,426/yr on $76,212 capital. ROI tracks 21.78% on current figures, and rental yield reads 9.6% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 114.56% and total cumulative return in cash sums $87,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,840/mo property income instead of your personal income.
Single Family
Built in 1934
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76667, Mexia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 2,937 (59.7%) |
| Renter Occupied HU | 1,210 (24.6%) |
| Vacant Housing Units | 774 (15.7%) |
| Median Home Value | $166,706 |
| Average Home Value | $230,596 |
Residential
4,262
Single Family
4,122
Multi-Family
140
Businesses
507
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Listed for sale | $229,900 |
| 2025-03-03 | Listing removed | $234,900 |
| 2024-10-25 | Price change | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $4855.05 | -9.36% | $289,750 | 30.23% |
| 2023-03-26 | $5356.21 | 25.53% | $222,490 | 40.33% |
| 2022-03-26 | $4266.76 | 5.65% | $158,550 | 8.80% |
Listed by: Mitzi Eves • Heritage Real Estate LLC
Mls Name: NTREIS
Mls ID: #20882759
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.
