12524 Nicholas PlRhomeTX76078
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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 Rhome at 12524 Nicholas Pl, Rhome, TX, 76078 generates $2,006/mo in rent and, after a $1,253/mo payment, leaves $138/mo in cash flow. Total monthly income is $2,006/mo, and annual cash flow is $1,654/yr on $84,864 invested. Return on cash invested sits at 21.86% in year one, and rental yield is 9.4% on a $256,000 entry. Equity gained on principal adds $1,652/yr, while 5% annual appreciation builds toward $70,728 over five years. Five-year ROI reaches 114.75% and total cumulative return in cash sums $97,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,006/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
6,359 sqft lot
$N/A/sqft
$143 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76078, Rhome, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,203 (100%) |
| Owner Occupied HU | 3,527 (83.9%) |
| Renter Occupied HU | 495 (11.8%) |
| Vacant Housing Units | 181 ( 4.3%) |
| Median Home Value | $377,331 |
| Average Home Value | $441,454 |
Housing Distribution
Address Breakdown
Residential
4,000
Single Family
4,000
Multi-Family
0
Businesses
245
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Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20756893
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.