708 Meadow LnMexiaTX76667
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
Investment property for sale in Mexia at 708 Meadow Ln, Mexia, TX, 76667 at $170,000 posts ROI 29.2% with $436/mo cash flow from $1,645/mo rent. Total monthly income equals $1,645/mo, and annual cash flow records $5,234/yr on $56,355 to close. Return on cash invested measures 29.2% and rental yield reads 11.61% at the current $170,000. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 153.95% and total cumulative return in cash totals $86,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,645/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76667, Mexia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 2,937 (59.7%) |
| Renter Occupied HU | 1,210 (24.6%) |
| Vacant Housing Units | 774 (15.7%) |
| Median Home Value | $166,706 |
| Average Home Value | $230,596 |
Housing Distribution
Address Breakdown
Residential
4,262
Single Family
4,122
Multi-Family
140
Businesses
507
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