801 E Texas Ave, Mart, TX, 76664 | $238/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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801 E Texas Ave, Mart, TX, 76664 | $238/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mart at 801 E Texas Ave, Mart, TX, 76664 offers $2,503/mo rent that, after a $1,559/mo payment, leaves $238/mo cash flow. Total monthly income is $2,503/mo, and annual cash flow is $2,856/yr on $105,583 cash. Return on cash invested measures 22.61% in year one, and rental yield stands at 9.43% at a $318,500 entry. Equity gained on principal adds $2,055/yr while 5% annual appreciation compounds into $87,996 by year five. Five-year ROI records 118.54% and total cumulative return in cash reaches $125,160. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,503/mo property income versus a $1,559/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1930

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

If you appreciate a classic beauty, loaded down with tons of charm and charisma, you're about to fall head over heels in love with this one. With a strong, commanding presence on a shaded corner lot, it's easy to admire & appreciate this gorgeous two-story home. With two full stories, including a living area on both floors, there's plenty of room for everyone. Although everyone gets their own space, there's still the added perk of the sunroom, upstairs patio, or back covered deck. You'll be impressed with the modern kitchen, open to the dining area, and you're awarded all the bells and whistles of updated bathrooms, too. Out back, there's an oversized yard with a privacy fence, and the detached workshop & carport is the perfect pad for all your favorite hobbies. If you're looking for plenty of room, in a prime location, that's an easy commute to Waco, come on home to Mart.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76664, Mart, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,479 (100%)
Owner Occupied HU	924 (62.5%)
Renter Occupied HU	315 (21.3%)
Vacant Housing Units	240 (16.2%)
Median Home Value	$207,386
Average Home Value	$270,942