703 Gay StMenardTX76859
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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 Menard at 703 Gay St, Menard, TX, 76859 generates $1,751/mo in rent and, after a $976/mo payment, leaves $333/mo in cash flow. Total monthly income is $1,751/mo, and annual cash flow is $3,993/yr on $66,134 invested. Return on cash invested sits at 25.95% in year one, and rental yield is 10.53% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 136.42% and total cumulative return in cash sums $90,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,751/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76859, Menard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 624 (50.6%) |
| Renter Occupied HU | 186 (15.1%) |
| Vacant Housing Units | 424 (34.4%) |
| Median Home Value | $117,045 |
| Average Home Value | $212,796 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
130
Multi-Family
1
Businesses
91
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