722 Fm 1366MexiaTX76667
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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 722 Fm 1366, Mexia, TX, 76667 uses $81,218 cash to close to unlock $7,991/yr annual cash flow and $666/mo monthly cash flow. Total monthly income runs $2,408/mo, and a $1,199/mo payment keeps the spread at $666/mo. Purchase price stands at $245,000, and rental yield measures 11.79% with $2,408/mo rent. Return on cash invested shows 29.75% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 156.81% and total cumulative return in cash records $127,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,408/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.58 Acres 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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