802 3rd StMeadowTX79345
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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 Meadow at 802 3rd St, Meadow, TX, 79345 listed at $148,000 pairs $1,129/mo rent with a $724/mo payment to leave $77/mo cash flow. Total monthly income runs $1,129/mo, and annual cash flow reaches $923/yr on $49,062 cash to close. Return on cash invested measures 21.79% in year one, and rental yield registers 9.15% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 114.15% and total cumulative return in cash totals $56,006. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,129/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79345, Meadow, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 251 (66.8%) |
| Renter Occupied HU | 70 (18.6%) |
| Vacant Housing Units | 55 (14.6%) |
| Median Home Value | $200,581 |
| Average Home Value | $230,398 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
20
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