702 AvondaleMerkelTX79536
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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 Merkel at 702 Avondale, Merkel, TX, 79536 earns $90/mo cash flow from $1,299/mo rent with a $832/mo payment. Total monthly income totals $1,299/mo, and annual cash flow totals $1,082/yr on $56,355 capital. ROI tracks 21.83% on current figures, and rental yield reads 9.17% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 114.43% and total cumulative return in cash sums $64,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,299/mo property income instead of your personal income.
Single Family
Built in 1973
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79536, Merkel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,354 (100%) |
| Owner Occupied HU | 1,643 (69.8%) |
| Renter Occupied HU | 375 (15.9%) |
| Vacant Housing Units | 336 (14.3%) |
| Median Home Value | $186,880 |
| Average Home Value | $235,380 |
Housing Distribution
Address Breakdown
Residential
2,112
Single Family
2,112
Multi-Family
0
Businesses
154
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