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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Marlin at 621 Chambers St, Marlin, TX, 76661 offers $923/mo rent that, after a $587/mo payment, leaves $70/mo cash flow. Total monthly income is $923/mo, and annual cash flow is $843/yr on $39,747 cash. Return on cash invested measures 22.03% in year one, and rental yield stands at 9.24% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 115.51% and total cumulative return in cash reaches $45,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $923/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76661, Marlin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,259 (100%) |
| Owner Occupied HU | 1,536 (47.1%) |
| Renter Occupied HU | 1,020 (31.3%) |
| Vacant Housing Units | 703 (21.6%) |
| Median Home Value | $95,692 |
| Average Home Value | $130,791 |
Residential
2,712
Single Family
2,571
Multi-Family
141
Businesses
367
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Price change | $119,900 |
| 2025-01-03 | Listed for sale | $124,900 |
| 2024-10-07 | Listing removed | $74,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1974.52 | 1.00% | $69,400 | 1.31% |
| 2023-02-13 | $1954.96 | 32.58% | $68,500 | 20.37% |
| 2022-02-13 | $1474.51 | 5.50% | $56,910 | 15.37% |
Listed by: Dawn James • Heritage Real Estate
Mls Name: WMLS
Mls Provider:
Mls ID: #227326
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 05:23:24 PST
