206 E Rusk StRiceTX75155
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
Rental property for sale in Rice at 206 E Rusk St, Rice, TX, 75155 priced at $294,000 pairs $2,178/mo rent with $87/mo cash flow after a $1,439/mo payment. Total monthly income equals $2,178/mo, and annual cash flow comes to $1,048/yr on $97,461 invested. Return on cash invested is 20.98% in year one, and rental yield stands at 8.89% on a $294,000 basis. Equity gained on principal adds $1,897/yr, and 5% annual appreciation accumulates to $81,227 by year five. Five-year ROI measures 109.84% and total cumulative return in cash reaches $107,052. For financing, Ziffy Mortgage’s DSCR program evaluates $2,178/mo property income against a $1,439/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75155, Rice, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,161
Multi-Family
1
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Perla Vazquez • OnDemand Realty
Mls Name: NTREIS
Mls ID: #20769114
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.