970 S Mayhaw DrVidorTX77662
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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 Vidor at 970 S Mayhaw Dr, Vidor, TX, 77662 uses $62,654 cash to close to unlock $1,873/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $925/mo payment keeps the spread at $156/mo. Purchase price stands at $189,000, and rental yield measures 9.52% with $1,500/mo rent. Return on cash invested shows 22.9% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 120.14% and total cumulative return in cash records $75,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $925/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77662, Vidor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,351 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 1,998 (17.6%) |
| Vacant Housing Units | 1,503 (13.2%) |
| Median Home Value | $175,830 |
| Average Home Value | $210,596 |
Housing Distribution
Address Breakdown
Residential
10,386
Single Family
10,021
Multi-Family
365
Businesses
512
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