912 E Letava DrMabankTX75147
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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
Rental property for sale in Mabank at 912 E Letava Dr, Mabank, TX, 75147 generates $1,501/mo in rent and, after a $832/mo payment, leaves $292/mo in cash flow. Total monthly income is $1,501/mo, and annual cash flow is $3,506/yr on $56,355 invested. Return on cash invested sits at 26.13% in year one, and rental yield is 10.6% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 137.49% and total cumulative return in cash sums $77,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,501/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75147, Mabank, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,477 (65.3%) |
| Renter Occupied HU | 981 (25.9%) |
| Vacant Housing Units | 335 ( 8.8%) |
| Median Home Value | $336,546 |
| Average Home Value | $337,294 |
Housing Distribution
Address Breakdown
Residential
3,698
Single Family
3,622
Multi-Family
76
Businesses
411
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