202 Storey Rd, Nocona, TX, 76255 | Equity Gain $6,292/yr

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nocona at 202 Storey Rd, Nocona, TX, 76255 offers a 1.44% rental yield on a $975,000 purchase with $1,170/mo rent. 5% in year one. Equity gained on principal adds $6,292/yr while 5% annual appreciation supports $269,375 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $4,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2008

1.17 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 76255, Nocona, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,154 (100%)
Owner Occupied HU	1,790 (56.8%)
Renter Occupied HU	631 (20.0%)
Vacant Housing Units	733 (23.2%)
Median Home Value	$188,393
Average Home Value	$281,074