104 W Jefferson StRiceTX75155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Neighborhood data shown for ZIP Code: 75155, Rice, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,161
Multi-Family
1
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.