1013 County Road 407aNemoTX76070
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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 Nemo at 1013 County Road 407a, Nemo, TX, 76070 offers a 7.12% rental yield on a $559,900 purchase with $3,322/mo rent. 66% in year one. Equity gained on principal adds $3,613/yr while 5% annual appreciation supports $154,690 over five years. Portfolio math shows five-year ROI at 81.29% and total cumulative return in cash at $149,734. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,322/mo property income against a $2,740/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
1.57 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76070, Nemo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 321 (100%) |
| Owner Occupied HU | 254 (79.1%) |
| Renter Occupied HU | 38 (11.8%) |
| Vacant Housing Units | 29 ( 9.0%) |
| Median Home Value | $328,125 |
| Average Home Value | $372,923 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
15
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Listed by: Kacey Huggins • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20630337
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.