197 County Road 2304RuskTX75785
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 Rusk at 197 County Road 2304, Rusk, TX, 75785 uses $66,298 cash to close to unlock $212/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $979/mo payment keeps the spread at $18/mo. Purchase price stands at $199,995, and rental yield measures 8.64% with $1,440/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $55,255 over five years. Five-year ROI reaches 105.79% and total cumulative return in cash records $70,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75785, Rusk, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,305 (100%) |
| Owner Occupied HU | 2,785 (64.7%) |
| Renter Occupied HU | 865 (20.1%) |
| Vacant Housing Units | 655 (15.2%) |
| Median Home Value | $183,050 |
| Average Home Value | $296,203 |
Housing Distribution
Address Breakdown
Residential
3,704
Single Family
3,704
Multi-Family
0
Businesses
315
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices