114 Nolan StTyeTX79563
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 Tye at 114 Nolan St, Tye, TX, 79563 offers $2,096/mo rent that, after a $1,366/mo payment, leaves $112/mo cash flow. Total monthly income is $2,096/mo, and annual cash flow is $1,339/yr on $92,489 cash. Return on cash invested measures 21.36% in year one, and rental yield stands at 9.02% at a $279,000 entry. Equity gained on principal adds $1,800/yr while 5% annual appreciation compounds into $77,083 by year five. Five-year ROI records 111.82% and total cumulative return in cash reaches $103,423. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,096/mo property income versus a $1,366/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79563, Tye, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 369 (65.1%) |
| Renter Occupied HU | 118 (20.8%) |
| Vacant Housing Units | 80 (14.1%) |
| Median Home Value | $151,268 |
| Average Home Value | $175,176 |
Housing Distribution
Address Breakdown
Residential
443
Single Family
443
Multi-Family
0
Businesses
64
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