602 NW River RdMartindaleTX78655
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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 Martindale at 602 NW River Rd, Martindale, TX, 78655 with 5% annual appreciation on a $738,000 basis while $3,480/mo rent supports operations. 32% in year one. Equity gained on principal adds $4,762/yr, and five-year appreciation sums $203,896 alongside rental yield of 5.66%. Five-year ROI measures 58% and total cumulative return in cash totals $140,814. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,480/mo property income versus a $3,612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78655, Martindale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,411 (100%) |
| Owner Occupied HU | 916 (64.9%) |
| Renter Occupied HU | 344 (24.4%) |
| Vacant Housing Units | 151 (10.7%) |
| Median Home Value | $291,463 |
| Average Home Value | $336,023 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
46
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Listed by: Kelly Thate • Keller Williams Heritage
Mls Name: Unlock MLS
Mls ID: #1077042