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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mathis at 920 N Front St, Mathis, TX, 78368 with 5% annual appreciation on a $110,000 basis while $1,400/mo rent supports operations. Total monthly income totals $1,400/mo and a $538/mo payment preserves $618/mo for cash returns. Annual cash flow comes to $7,418/yr on $36,465 deployed, and return on cash invested reaches 40.25% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 15.27%. Five-year ROI measures 213.28% and total cumulative return in cash totals $77,772.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,400/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2003
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78368, Mathis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 2,565 (58.8%) |
| Renter Occupied HU | 827 (19.0%) |
| Vacant Housing Units | 972 (22.3%) |
| Median Home Value | $131,852 |
| Average Home Value | $181,989 |
Residential
3,612
Single Family
3,509
Multi-Family
103
Businesses
252
Date | Event | Price |
|---|---|---|
| 2024-03-28 | Price change | $110,000 |
| 2024-02-14 | Listed for sale | $120,000 |
| 2023-06-24 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $436.08 | -12.43% | $28,246 | -9.83% |
| 2023-12-27 | $497.97 | 5.37% | $31,325 | 8.02% |
| 2022-12-27 | $472.60 | -66.07% | $29,000 | -65.58% |
Listed by: Richard Hernandez • United Country RE-Bluntzer RE
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #435226
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
