838 Callender Lake DrMurchisonTX75778
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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 Murchison at 838 Callender Lake Dr, Murchison, TX, 75778 uses $62,985 cash to close to unlock $5,242/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $1,788/mo, and a $930/mo payment keeps the spread at $437/mo. Purchase price stands at $190,000, and rental yield measures 11.29% with $1,788/mo rent. Return on cash invested shows 28.23% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 148.68% and total cumulative return in cash records $93,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,788/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75778, Murchison, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,871 (100%) |
| Owner Occupied HU | 1,221 (65.3%) |
| Renter Occupied HU | 285 (15.2%) |
| Vacant Housing Units | 365 (19.5%) |
| Median Home Value | $253,042 |
| Average Home Value | $268,290 |
Housing Distribution
Address Breakdown
Residential
1,313
Single Family
1,313
Multi-Family
0
Businesses
58
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