460 Island DrMurchisonTX75778
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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 Murchison at 460 Island Dr, Murchison, TX, 75778 priced at $599,000 converts $2,596/mo rent into after a $2,932/mo obligation. Total monthly income equals $2,596/mo. Return on cash invested prints 9.93% in year one, and rental yield reads 5.2% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 50.53% and total cumulative return in cash sums $99,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,596/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.41 Acres lot
$N/A/sqft
No 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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