228 Fairview StRuskTX75785
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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 228 Fairview St, Rusk, TX, 75785 offers a 9.96% rental yield on a $169,000 purchase with $1,402/mo rent. Total monthly income registers $1,402/mo, and a $827/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,405/yr on $56,024 to close, and return on cash invested stands at 24.2% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 127.12% and total cumulative return in cash at $71,215. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,402/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
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
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