9344 County Road 505MathisTX78368
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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 Mathis at 9344 County Road 505, Mathis, TX, 78368 uses $46,079 cash to close to unlock $1,247/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $1,092/mo, and a $680/mo payment keeps the spread at $104/mo. Purchase price stands at $139,000, and rental yield measures 9.43% with $1,092/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 118.56% and total cumulative return in cash records $54,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,092/mo property income covering a $680/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78368, Mathis, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,612
Single Family
3,509
Multi-Family
103
Businesses
252
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Listed by: Stephanie Hastings • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #452825
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-11 12:08:03 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.