1158 County Road 404NemoTX76070
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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
Rental property for sale in Nemo at 1158 County Road 404, Nemo, TX, 76070 generates $0/mo in rent, after a $3,866/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.88% in year one, and rental yield is 0% on a $789,900 entry. Equity gained on principal adds $5,097/yr, while 5% annual appreciation builds toward $218,235 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
20.03 Acres lot
$N/A/sqft
No 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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No similar rental properties found nearby.
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