704 Callender Lake DrMurchisonTX75778
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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 Murchison at 704 Callender Lake Dr, Murchison, TX, 75778 generates $3,038/mo in rent, after a $2,105/mo payment. Total monthly income is $3,038/mo. Return on cash invested sits at 19.4% in year one, and rental yield is 8.48% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 101.44% and total cumulative return in cash sums $144,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,038/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.67 Acres lot
$N/A/sqft
$489 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75778, Murchison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,871 (100%) |
| Owner Occupied HU | 1,221 (65.3%) |
| Renter Occupied HU | 285 (15.2%) |
| Vacant Housing Units | 365 (19.5%) |
| Median Home Value | $253,042 |
| Average Home Value | $268,290 |
Housing Distribution
Address Breakdown
Residential
1,313
Single Family
1,313
Multi-Family
0
Businesses
58
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Listed by: James Cobb • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20679654
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.