608 Olde Oaks CirMadisonvilleTX77864
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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 Madisonville at 608 Olde Oaks Cir, Madisonville, TX, 77864 priced at $249,900 converts $2,048/mo rent into $271/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,048/mo, and annual cash flow totals $3,253/yr on $82,842 invested. Return on cash invested prints 23.84% in year one, and rental yield reads 9.83% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 125.17% and total cumulative return in cash sums $103,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,048/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77864, Madisonville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 1,781 (58.5%) |
| Renter Occupied HU | 812 (26.7%) |
| Vacant Housing Units | 449 (14.8%) |
| Median Home Value | $157,687 |
| Average Home Value | $207,003 |
Housing Distribution
Address Breakdown
Residential
2,943
Single Family
2,911
Multi-Family
32
Businesses
477
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Listed by: Alexander Jaramillo • Realty ONE Group, Experience
Mls Name: HAR
Mls ID: #66066422