231 Homer DrNacogdochesTX75965
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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
Investment Highlights
Rental property for sale in Nacogdoches at 231 Homer Dr, Nacogdoches, TX, 75965 priced at $100,000 pairs $1,775/mo rent with $1,064/mo cash flow after a $489/mo payment. Total monthly income equals $1,775/mo, and annual cash flow comes to $12,772/yr on $33,150 invested. Return on cash invested is 58.44% in year one, and rental yield stands at 21.3% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 310.74% and total cumulative return in cash reaches $103,012. For financing, Ziffy Mortgage’s DSCR program evaluates $1,775/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75965, Nacogdoches, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,768 (100%) |
| Owner Occupied HU | 4,229 (48.2%) |
| Renter Occupied HU | 3,464 (39.5%) |
| Vacant Housing Units | 1,075 (12.3%) |
| Median Home Value | $260,071 |
| Average Home Value | $326,348 |
Housing Distribution
Address Breakdown
Residential
8,761
Single Family
5,981
Multi-Family
2,780
Businesses
528
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Listed by: Steven Gates • Keller Williams Realty Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #43860686
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