6 HighwayMeridianTX76665
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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 Meridian at 6 Highway, Meridian, TX, 76665 listed at $537,373 pairs $954/mo rent with a $2,630/mo payment. Total monthly income runs $954/mo. Return on cash invested measures 0.6% in year one, and rental yield registers 2.13% at a $537,373 basis. Equity gained on principal adds $3,468/yr, and annual property appreciation at 5% supports $148,466 by year five. Five-year ROI tracks 0.48% and total cumulative return in cash totals $845. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $954/mo property income relative to a $2,630/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
41.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76665, Meridian, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 735 (60.8%) |
| Renter Occupied HU | 262 (21.7%) |
| Vacant Housing Units | 211 (17.5%) |
| Median Home Value | $184,028 |
| Average Home Value | $338,017 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
847
Multi-Family
0
Businesses
156
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Nearby investment properties with comparable prices
Listed by: Jeanie Cosper • Jeanie Cosper Real Estate
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #5667967
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-02-13 05:24:32 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)