606 S Falls StMartTX76664
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mart at 606 S Falls St, Mart, TX, 76664 priced at $135,000 converts $1,102/mo rent into $142/mo cash flow after a $661/mo obligation. Total monthly income equals $1,102/mo, and annual cash flow totals $1,701/yr on $44,753 invested. Return on cash invested prints 23.71% in year one, and rental yield reads 9.8% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 124.47% and total cumulative return in cash sums $55,705. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,102/mo property income covering a $661/mo payment, not borrower’s personal income.
Manufactured
Built in 2022
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76664, Mart, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 924 (62.5%) |
| Renter Occupied HU | 315 (21.3%) |
| Vacant Housing Units | 240 (16.2%) |
| Median Home Value | $207,386 |
| Average Home Value | $270,942 |
Housing Distribution
Address Breakdown
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices