1000 E 2ndNixonTX78140
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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 Nixon at 1000 E 2nd, Nixon, TX, 78140 offers a 9.47% rental yield on a $170,000 purchase with $1,342/mo rent. Total monthly income registers $1,342/mo, and a $832/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,598/yr on $56,355 to close, and return on cash invested stands at 22.74% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 119.35% and total cumulative return in cash at $67,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,342/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78140, Nixon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,593 (100%) |
| Owner Occupied HU | 908 (57.0%) |
| Renter Occupied HU | 387 (24.3%) |
| Vacant Housing Units | 298 (18.7%) |
| Median Home Value | $157,692 |
| Average Home Value | $201,258 |
Housing Distribution
Address Breakdown
Residential
1,361
Single Family
1,361
Multi-Family
0
Businesses
93
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