713 Moreno StMathisTX78368
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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 Mathis at 713 Moreno St, Mathis, TX, 78368 priced at $124,900 converts $876/mo rent into after a $611/mo obligation. Total monthly income equals $876/mo. Return on cash invested prints 19.57% in year one, and rental yield reads 8.42% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 102.3% and total cumulative return in cash sums $42,358. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $876/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78368, Mathis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 2,565 (58.8%) |
| Renter Occupied HU | 827 (19.0%) |
| Vacant Housing Units | 972 (22.3%) |
| Median Home Value | $131,852 |
| Average Home Value | $181,989 |
Housing Distribution
Address Breakdown
Residential
3,612
Single Family
3,509
Multi-Family
103
Businesses
252
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Listed by: Brooke LaClair • Prime Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #452663
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-11 12:08:03 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.