2528 Morning Mist LnNevadaTX75173
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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 Nevada at 2528 Morning Mist Ln, Nevada, TX, 75173 generates $5,768/mo in rent and, after a $3,573/mo payment, leaves $514/mo in cash flow. Total monthly income is $5,768/mo, and annual cash flow is $6,172/yr on $240,137 invested. Return on cash invested sits at 22.63% in year one, and rental yield is 9.48% on a $729,900 entry. Equity gained on principal adds $4,710/yr, while 5% annual appreciation builds toward $201,658 over five years. Five-year ROI reaches 118.75% and total cumulative return in cash sums $285,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,768/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
1.03 Acres lot
$N/A/sqft
$765 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75173, Nevada, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,511 (100%) |
| Owner Occupied HU | 3,108 (88.5%) |
| Renter Occupied HU | 240 ( 6.8%) |
| Vacant Housing Units | 163 ( 4.6%) |
| Median Home Value | $392,701 |
| Average Home Value | $427,702 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,141
Multi-Family
1
Businesses
103
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Listed by: Rafael Carrasco • Carrasco Real Estate Co.
Mls Name: NTREIS
Mls ID: #20883593
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.