598 Oak Point DrMayTX76857
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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 May at 598 Oak Point Dr, May, TX, 76857 earns from $3,772/mo rent with a $6,240/mo payment. Total monthly income totals $3,772/mo. ROI tracks 4.91% on current figures, and rental yield reads 3.55% at a $1,275,000 purchase. Equity gained on principal adds $8,227/yr, and 5% annual appreciation supports $352,259 over five years. Five-year ROI reaches 23.56% and total cumulative return in cash sums $97,322. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,772/mo property income instead of your personal income.
Single Family
Built in 2022
0.66 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76857, May, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,684 (100%) |
| Owner Occupied HU | 793 (47.1%) |
| Renter Occupied HU | 100 ( 5.9%) |
| Vacant Housing Units | 791 (47.0%) |
| Median Home Value | $220,313 |
| Average Home Value | $266,081 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
900
Multi-Family
1
Businesses
36
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Listed by: Jordan Barton • Turnkey Realty LLC
Mls Name: NTREIS
Mls ID: #20657931
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.