1962 Mercer StNolanvilleTX76559
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 Nolanville at 1962 Mercer St, Nolanville, TX, 76559 at $284,700 posts ROI 22.66% with $217/mo cash flow from $2,274/mo rent. Total monthly income equals $2,274/mo, and annual cash flow records $2,599/yr on $94,378 to close. Return on cash invested measures 22.66% and rental yield reads 9.58% at the current $284,700. Equity gained on principal adds $1,837/yr, and 5% annual appreciation supports $78,657 by year five. Five-year ROI prints 118.98% and total cumulative return in cash totals $112,292.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,274/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,011 sqft lot
$N/A/sqft
$400 annually 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: Eleonora Santana • NextHome Tropicana Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #548619
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.