137 Santa Fe TrlNoconaTX76255
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 Nocona at 137 Santa Fe Trl, Nocona, TX, 76255 generates $1,278/mo in rent and, after a $832/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,278/mo, and annual cash flow is $833/yr on $56,322 invested. Return on cash invested sits at 21.39% in year one, and rental yield is 9.03% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash sums $63,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,278/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76255, Nocona, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,154 (100%) |
| Owner Occupied HU | 1,790 (56.8%) |
| Renter Occupied HU | 631 (20.0%) |
| Vacant Housing Units | 733 (23.2%) |
| Median Home Value | $188,393 |
| Average Home Value | $281,074 |
Housing Distribution
Address Breakdown
Residential
2,483
Single Family
2,483
Multi-Family
0
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices