506 Elmwood StMarshallTX75672
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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
Investment property for sale in Marshall at 506 Elmwood St, Marshall, TX, 75672 uses $42,764 cash to close to unlock $1,357/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $1,030/mo, and a $631/mo payment keeps the spread at $113/mo. Purchase price stands at $129,000, and rental yield measures 9.58% with $1,030/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 121.17% and total cumulative return in cash records $51,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,030/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75672, Marshall, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,131 (100%) |
| Owner Occupied HU | 5,385 (66.2%) |
| Renter Occupied HU | 1,906 (23.4%) |
| Vacant Housing Units | 840 (10.3%) |
| Median Home Value | $187,536 |
| Average Home Value | $239,340 |
Housing Distribution
Address Breakdown
Residential
7,582
Single Family
7,133
Multi-Family
449
Businesses
318
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