1300 W Fannin StRiceTX75155
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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 Rice at 1300 W Fannin St, Rice, TX, 75155 earns from $1,318/mo rent with a $1,297/mo payment. Total monthly income totals $1,318/mo. ROI tracks 12.17% on current figures, and rental yield reads 5.97% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 62.57% and total cumulative return in cash sums $54,963. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,318/mo property income instead of your personal income.
Single Family
Built in 1970
1.91 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
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Listed by: Jake Willingham • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20978727
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.