245 Pinecrest RdRuskTX75785
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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
Rental property for sale in Rusk at 245 Pinecrest Rd, Rusk, TX, 75785 priced at $144,995 pairs $1,126/mo rent with $95/mo cash flow after a $710/mo payment. Total monthly income equals $1,126/mo, and annual cash flow comes to $1,135/yr on $48,066 invested. Return on cash invested is 22.27% in year one, and rental yield stands at 9.32% on a $144,995 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,059 by year five. Five-year ROI measures 116.73% and total cumulative return in cash reaches $56,107. For financing, Ziffy Mortgage’s DSCR program evaluates $1,126/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
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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Listed by: Jerry Norton • Norton Property Group
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24006913
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.