717 Contour DrMexiaTX76667
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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 Mexia at 717 Contour Dr, Mexia, TX, 76667 earns $57/mo cash flow from $910/mo rent with a $587/mo payment. Total monthly income totals $910/mo, and annual cash flow totals $687/yr on $39,747 capital. ROI tracks 21.64% on current figures, and rental yield reads 9.11% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 113.43% and total cumulative return in cash sums $45,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $910/mo property income instead of your personal income.
Single Family
Built in 1978
8,407 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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Listed by: Mitzi Eves • Heritage Real Estate LLC
Mls Name: NTREIS
Mls ID: #20982864
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.