511 E Market StMabankTX75147
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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 Mabank at 511 E Market St, Mabank, TX, 75147 listed at $188,000 pairs $1,457/mo rent with a $920/mo payment to leave $120/mo cash flow. Total monthly income runs $1,457/mo, and annual cash flow reaches $1,443/yr on $62,322 cash to close. Return on cash invested measures 22.22% in year one, and rental yield registers 9.3% at a $188,000 basis. Equity gained on principal adds $1,213/yr, and annual property appreciation at 5% supports $51,941 by year five. Five-year ROI tracks 116.52% and total cumulative return in cash totals $72,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,457/mo property income relative to a $920/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75147, Mabank, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,477 (65.3%) |
| Renter Occupied HU | 981 (25.9%) |
| Vacant Housing Units | 335 ( 8.8%) |
| Median Home Value | $336,546 |
| Average Home Value | $337,294 |
Housing Distribution
Address Breakdown
Residential
3,698
Single Family
3,622
Multi-Family
76
Businesses
411
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Listed by: Bill Moomaw • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #20741265
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.