724 Foster StMarlinTX76661
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
Rental property for sale in Marlin at 724 Foster St, Marlin, TX, 76661 priced at $100,000 pairs $787/mo rent with $36/mo cash flow after a $489/mo payment. Total monthly income equals $787/mo, and annual cash flow comes to $432/yr on $33,150 invested. Return on cash invested is 21.21% in year one, and rental yield stands at 9.44% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 111.58% and total cumulative return in cash reaches $36,988. For financing, Ziffy Mortgage’s DSCR program evaluates $787/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
6,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76661, Marlin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,259 (100%) |
| Owner Occupied HU | 1,536 (47.1%) |
| Renter Occupied HU | 1,020 (31.3%) |
| Vacant Housing Units | 703 (21.6%) |
| Median Home Value | $95,692 |
| Average Home Value | $130,791 |
Housing Distribution
Address Breakdown
Residential
2,712
Single Family
2,571
Multi-Family
141
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Chadwell • YourHome Sold GuaranteedRealty
Mls Name: BCSMLS
Mls Provider:
Mls ID: #23008648
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.