929 Neighbors Corner RdMartTX76664
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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 Mart at 929 Neighbors Corner Rd, Mart, TX, 76664 generates $1,344/mo in rent, after a $1,224/mo payment. Total monthly income is $1,344/mo. Return on cash invested sits at 13.62% in year one, and rental yield is 6.45% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 70.34% and total cumulative return in cash sums $58,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,344/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76664, Mart, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 924 (62.5%) |
| Renter Occupied HU | 315 (21.3%) |
| Vacant Housing Units | 240 (16.2%) |
| Median Home Value | $207,386 |
| Average Home Value | $270,942 |
Housing Distribution
Address Breakdown
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
96
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Listed by: Russell Oehring • Weichert, Realtors - The Eastland Group
Mls Name: NTREIS
Mls ID: #20975890
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.