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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Rice at 204 S Austin St, Rice, TX, 75155 at $244,500 posts ROI 36.48% with $1,120/mo cash flow from $2,875/mo rent. Total monthly income equals $2,875/mo, and annual cash flow records $13,434/yr on $81,052 to close. Return on cash invested measures 36.48% and rental yield reads 14.11% at the current $244,500. Equity gained on principal adds $1,578/yr, and 5% annual appreciation supports $67,551 by year five. Five-year ROI prints 193.06% and total cumulative return in cash totals $156,479.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,875/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75155, Rice, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,439 (100%) |
| Owner Occupied HU | 997 (69.3%) |
| Renter Occupied HU | 278 (19.3%) |
| Vacant Housing Units | 164 (11.4%) |
| Median Home Value | $175,426 |
| Average Home Value | $231,916 |
Residential
1,162
Single Family
1,161
Multi-Family
1
Businesses
70
Date | Event | Price |
|---|---|---|
| 2024-06-12 | Listed for sale | $244,500 |
| 2024-06-03 | Listing removed | N/A |
| 2024-03-05 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4256.83 | N/A | $202,340 | 75.47% |
| 2022-08-14 | N/A | N/A | $115,310 | 31.84% |
| 2021-08-14 | N/A | N/A | $87,460 | N/A |
Listed by: Carla Smith • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20552256
Disclaimer: 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.
