409 S Madden StShamrockTX79079
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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 Shamrock at 409 S Madden St, Shamrock, TX, 79079 priced at $147,800 converts $2,142/mo rent into $1,091/mo cash flow after a $723/mo obligation. Total monthly income equals $2,142/mo, and annual cash flow totals $13,096/yr on $48,996 invested. Return on cash invested prints 46.64% in year one, and rental yield reads 17.39% against a $147,800 entry. Equity gained on principal adds $954/yr, while 5% annual appreciation compiles into $40,834 by year five. Five-year ROI reaches 247.47% and total cumulative return in cash sums $121,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,142/mo property income covering a $723/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79079, Shamrock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,354 (100%) |
| Owner Occupied HU | 806 (59.5%) |
| Renter Occupied HU | 218 (16.1%) |
| Vacant Housing Units | 330 (24.4%) |
| Median Home Value | $100,481 |
| Average Home Value | $129,997 |
Housing Distribution
Address Breakdown
Residential
1,030
Single Family
1,023
Multi-Family
7
Businesses
176
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