658 Oak Point DrMayTX76857
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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 May at 658 Oak Point Dr, May, TX, 76857 priced at $1,269,500 pairs $3,023/mo rent with after a $6,214/mo payment. Total monthly income equals $3,023/mo. Return on cash invested is 2.77% in year one, and rental yield stands at 2.86% on a $1,269,500 basis. Equity gained on principal adds $8,192/yr, and 5% annual appreciation accumulates to $350,739 by year five. Five-year ROI measures 12.08% and total cumulative return in cash reaches $49,684. For financing, Ziffy Mortgage’s DSCR program evaluates $3,023/mo property income against a $6,214/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.53 Acres lot
$N/A/sqft
$29 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76857, May, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,684 (100%) |
| Owner Occupied HU | 793 (47.1%) |
| Renter Occupied HU | 100 ( 5.9%) |
| Vacant Housing Units | 791 (47.0%) |
| Median Home Value | $220,313 |
| Average Home Value | $266,081 |
Housing Distribution
Address Breakdown
Residential
901
Single Family
900
Multi-Family
1
Businesses
36
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Listed by: Jeffrey Robillard • Newfound Real Estate
Mls Name: NTREIS
Mls ID: #20694933
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.