1630 Fm 365 RdNomeTX77629
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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
Rental property for sale in Nome at 1630 Fm 365 Rd, Nome, TX, 77629 generates $1,411/mo in rent, after a $1,003/mo payment. Total monthly income is $1,411/mo. Return on cash invested sits at 19.09% in year one, and rental yield is 8.26% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 99.65% and total cumulative return in cash sums $67,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,411/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.48 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
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Listed by: Kelby Dabel • Property Pros Real Estate & Co
Mls Name: BBOR
Mls Provider:
Mls ID: #254772
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.