601 Martin Luther King BlvdCameronTX76520
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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
Rental property for sale in Cameron at 601 Martin Luther King Blvd, Cameron, TX, 76520 priced at $220,000 converts $1,651/mo rent into $86/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,651/mo, and annual cash flow totals $1,036/yr on $72,930 invested. Return on cash invested prints 21.33% in year one, and rental yield reads 9.01% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 111.72% and total cumulative return in cash sums $81,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,651/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1980
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76520, Cameron, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 2,233 (58.7%) |
| Renter Occupied HU | 1,003 (26.4%) |
| Vacant Housing Units | 565 (14.9%) |
| Median Home Value | $169,140 |
| Average Home Value | $266,093 |
Housing Distribution
Address Breakdown
Residential
3,578
Single Family
3,447
Multi-Family
131
Businesses
420
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