705 John StMorganTX76671
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morgan at 705 John St, Morgan, TX, 76671 priced at $252,256 pairs $2,333/mo rent with $539/mo cash flow after a $1,235/mo payment. Total monthly income equals $2,333/mo, and annual cash flow comes to $6,466/yr on $83,623 invested. Return on cash invested is 27.64% in year one, and rental yield stands at 11.1% on a $252,256 basis. Equity gained on principal adds $1,628/yr, and 5% annual appreciation accumulates to $69,694 by year five. Five-year ROI measures 145.52% and total cumulative return in cash reaches $121,690. For financing, Ziffy Mortgage’s DSCR program evaluates $2,333/mo property income against a $1,235/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76671, Morgan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,210 (100%) |
| Owner Occupied HU | 753 (62.2%) |
| Renter Occupied HU | 111 ( 9.2%) |
| Vacant Housing Units | 346 (28.6%) |
| Median Home Value | $305,975 |
| Average Home Value | $363,463 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
25
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