1619 Avenue CNomeTX77629
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
Investment property for sale in Nome at 1619 Avenue C, Nome, TX, 77629 earns $91/mo cash flow from $838/mo rent with a $514/mo payment. Total monthly income totals $838/mo, and annual cash flow totals $1,095/yr on $34,808 capital. ROI tracks 23.05% on current figures, and rental yield reads 9.58% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 121.05% and total cumulative return in cash sums $42,134. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $838/mo property income instead of your personal income.
Single Family
Built in N/A
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77629, Nome, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 162 (83.1%) |
| Renter Occupied HU | 13 ( 6.7%) |
| Vacant Housing Units | 20 (10.3%) |
| Median Home Value | $282,692 |
| Average Home Value | $293,812 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices