410 Morgan StTyeTX79563
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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 Tye at 410 Morgan St, Tye, TX, 79563 priced at $149,900 converts $1,354/mo rent into $288/mo cash flow after a $734/mo obligation. Total monthly income equals $1,354/mo, and annual cash flow totals $3,453/yr on $49,692 invested. Return on cash invested prints 26.86% in year one, and rental yield reads 10.84% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 141.32% and total cumulative return in cash sums $70,223. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,354/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79563, Tye, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 369 (65.1%) |
| Renter Occupied HU | 118 (20.8%) |
| Vacant Housing Units | 80 (14.1%) |
| Median Home Value | $151,268 |
| Average Home Value | $175,176 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
443
Multi-Family
0
Businesses
64
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Listed by: Brandi Smith • RE/MAX Big Country
Mls Name: NTREIS
Mls ID: #20727351
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.