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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Nemo at 1378 County Road 406, Nemo, TX, 76070 offers a 8.39% rental yield on a $230,000 purchase with $1,608/mo rent. 47% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 101.76% and total cumulative return in cash at $77,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,608/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76070, Nemo, TX area.
| 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 |
Residential
184
Single Family
184
Multi-Family
0
Businesses
15
Date | Event | Price |
|---|---|---|
| 2025-03-10 | Listed for sale | $230,000 |
| 2025-02-01 | Listing removed | $233,000 |
| 2025-01-24 | Price change | $233,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Autumn Anderson • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20866508
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.
