E County Road 3424MaloneTX76660
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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 Malone at E County Road 3424, Malone, TX, 76660 uses $82,875 cash to close to unlock $3,406/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $2,062/mo, and a $1,224/mo payment keeps the spread at $284/mo. Purchase price stands at $250,000, and rental yield measures 9.9% with $2,062/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 126.09% and total cumulative return in cash records $104,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,062/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Lot
Built in N/A
9.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76660, Malone, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 214 (100%) |
| Owner Occupied HU | 155 (72.4%) |
| Renter Occupied HU | 37 (17.3%) |
| Vacant Housing Units | 22 (10.3%) |
| Median Home Value | $232,692 |
| Average Home Value | $287,145 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
21
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Listed by: Thomas Garrett • Worth Clark Realty
Mls Name: NTREIS
Mls ID: #20454722
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.