1961 Mercer StNolanvilleTX76559
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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 Nolanville at 1961 Mercer St, Nolanville, TX, 76559 generates $2,177/mo in rent and, after a $1,353/mo payment, leaves $211/mo in cash flow. Total monthly income is $2,177/mo, and annual cash flow is $2,534/yr on $91,650 invested. Return on cash invested sits at 22.67% in year one, and rental yield is 9.45% on a $276,470 entry. Equity gained on principal adds $1,784/yr, while 5% annual appreciation builds toward $76,384 over five years. Five-year ROI reaches 118.92% and total cumulative return in cash sums $108,988. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,177/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76559, Nolanville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 1,828 (62.7%) |
| Renter Occupied HU | 882 (30.3%) |
| Vacant Housing Units | 204 ( 7.0%) |
| Median Home Value | $297,782 |
| Average Home Value | $325,658 |
Housing Distribution
Address Breakdown
Residential
2,767
Single Family
2,719
Multi-Family
48
Businesses
85
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Listed by: Warrior's Legacy Sales Office • D.R. Horton - North Central Texas
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A