508 N Madison StMadisonvilleTX77864
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Nearby investment properties with comparable prices
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 Madisonville at 508 N Madison St, Madisonville, TX, 77864 at $195,500 posts ROI 22.4% with $135/mo cash flow from $1,525/mo rent. Total monthly income equals $1,525/mo, and annual cash flow records $1,616/yr on $64,808 to close. Return on cash invested measures 22.4% and rental yield reads 9.36% at the current $195,500. Equity gained on principal adds $1,262/yr, and 5% annual appreciation supports $54,013 by year five. Five-year ROI prints 117.45% and total cumulative return in cash totals $76,115.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,525/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
9,452 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77864, Madisonville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 1,781 (58.5%) |
| Renter Occupied HU | 812 (26.7%) |
| Vacant Housing Units | 449 (14.8%) |
| Median Home Value | $157,687 |
| Average Home Value | $207,003 |
Housing Distribution
Address Breakdown
Residential
2,943
Single Family
2,911
Multi-Family
32
Businesses
477
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Nearby investment properties with comparable prices
Listed by: Elizabeth Smith • Miller Homes Group
Mls Name: HAR
Mls ID: #80576971