116 Taft StNormangeeTX77871
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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 Normangee at 116 Taft St, Normangee, TX, 77871 with 5% annual appreciation on a $199,995 basis while $1,543/mo rent supports operations. Total monthly income totals $1,543/mo and a $979/mo payment preserves $121/mo for cash returns. Annual cash flow comes to $1,448/yr on $66,298 deployed, and return on cash invested reaches 22.09% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,255 alongside rental yield of 9.26%. Five-year ROI measures 115.8% and total cumulative return in cash totals $76,770.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,543/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2012
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77871, Normangee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,397 (68.4%) |
| Renter Occupied HU | 226 (11.1%) |
| Vacant Housing Units | 419 (20.5%) |
| Median Home Value | $262,165 |
| Average Home Value | $336,263 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
95
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