712 E Morris StMadisonvilleTX77864
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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 Madisonville at 712 E Morris St, Madisonville, TX, 77864 uses $54,698 cash to close to unlock $1,275/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,280/mo, and a $808/mo payment keeps the spread at $106/mo. Purchase price stands at $165,000, and rental yield measures 9.31% with $1,280/mo rent. Return on cash invested shows 22.24% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 116.63% and total cumulative return in cash records $63,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,280/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77864, Madisonville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 1,781 (58.5%) |
| Renter Occupied HU | 812 (26.7%) |
| Vacant Housing Units | 449 (14.8%) |
| Median Home Value | $157,687 |
| Average Home Value | $207,003 |
Housing Distribution
Address Breakdown
Residential
2,943
Single Family
2,911
Multi-Family
32
Businesses
477
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Listed by: Ryan Canada • Keller Williams Advantage Realty
Mls Name: HAR
Mls Provider:
Mls ID: #53340741
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