826 Mardell LnHoweTX75459
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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
Total monthly income runs $3,521/mo, and a $3,578/mo payment. Purchase price stands at $731,000, and rental yield measures 5.78% with $3,521/mo rent. Return on cash invested shows 11.69% in year one, and 5% annual appreciation builds toward $201,962 over five years. Five-year ROI reaches 59.96% and total cumulative return in cash records $144,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,521/mo property income covering a $3,578/mo payment rather than investor’s personal income.
Single Family
Built in 1993
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75459, Howe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,560 (66.8%) |
| Renter Occupied HU | 636 (27.2%) |
| Vacant Housing Units | 138 ( 5.9%) |
| Median Home Value | $338,214 |
| Average Home Value | $450,441 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
1,936
Multi-Family
132
Businesses
104
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Listed by: Ralph Thomas • RE/MAX Town & Country
Mls Name: NTREIS
Mls ID: #20794978
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.