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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Rice at 104 W Jefferson St, Rice, TX, 75155 generates $1,106/mo in rent, after a $1,126/mo payment. Total monthly income is $1,106/mo. Return on cash invested sits at 11.57% in year one, and rental yield is 5.77% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 59.39% and total cumulative return in cash sums $45,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,106/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75155, Rice, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,439 (100%) |
| Owner Occupied HU | 997 (69.3%) |
| Renter Occupied HU | 278 (19.3%) |
| Vacant Housing Units | 164 (11.4%) |
| Median Home Value | $175,426 |
| Average Home Value | $231,916 |
Residential
1,162
Single Family
1,161
Multi-Family
1
Businesses
70
Date | Event | Price |
|---|---|---|
| 2025-03-22 | Listed for sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-23 | $797.12 | 12.53% | $93,955 | 10.00% |
| 2023-03-23 | $708.34 | N/A | $85,414 | 10.00% |
| 2022-03-23 | N/A | N/A | $77,649 | 10.00% |
Listed by: Alma Fant • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20870668
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.
