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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 Ennis at 1400 Nichols St, Ennis, TX, 75119 uses $61,328 cash to close to unlock $703/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $1,458/mo, and a $905/mo payment keeps the spread at $59/mo. Purchase price stands at $185,000, and rental yield measures 9.46% with $1,458/mo rent. Return on cash invested shows 21.06% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 110.83% and total cumulative return in cash records $67,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,458/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1958
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $4083.16 | -7.92% | $189,633 | -7.88% |
| 2023-04-03 | $4434.25 | -1.92% | $205,858 | 8.97% |
| 2022-04-03 | $4521.14 | N/A | $188,913 | 19.19% |
Listed by: Jeremy Norman • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20889880
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.
