509 E Main St, Mexia, TX, 76667 | $747/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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509 E Main St, Mexia, TX, 76667 | $747/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mexia at 509 E Main St, Mexia, TX, 76667 listed at $219,900 pairs $2,310/mo rent with a $1,076/mo payment to leave $747/mo cash flow. Total monthly income runs $2,310/mo, and annual cash flow reaches $8,959/yr on $72,897 cash to close. Return on cash invested measures 32.2% in year one, and rental yield registers 12.61% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 169.99% and total cumulative return in cash totals $123,916. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,310/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1971

8,624 sqft lot

$N/A/sqft

No HOA

More details about the property

Nice Large Colonial Style Home in Mexia. Downstairs you will find a formal Dining area with hanging crystal chandelier, a swinging door leads to a nice sized kitchen with room for an informal eat-in dining. There is a large utility room with extra cabinet storage. There are 2 living areas with mantles for fireplaces that can be an electric log insert or a gas log insert. These give the home a cozy nostalgic feel. The master suite is upstairs, however one of these downstairs living areas could be converted to a bedroom downstairs, and could access the full bath with shower downstairs. The master suite upstairs includes a large bedroom, tons of closet space, a double vanity area, and a bath shower combo. There are two more nice sized bedrooms upstairs and another full bathroom with a shower. There is a fenced in backyard and back deck area for barbeque cookouts. Also included is a storage shed or workshop in the backyard. Check out today - this home has nice curb appeal.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76667, Mexia, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,921 (100%)
Owner Occupied HU	2,937 (59.7%)
Renter Occupied HU	1,210 (24.6%)
Vacant Housing Units	774 (15.7%)
Median Home Value	$166,706
Average Home Value	$230,596