2929 Sullivan DrNacogdochesTX75964
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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 Nacogdoches at 2929 Sullivan Dr, Nacogdoches, TX, 75964 uses $83,969 cash to close to unlock $15,222/yr annual cash flow and $1,269/mo monthly cash flow. Total monthly income runs $3,070/mo, and a $1,240/mo payment keeps the spread at $1,269/mo. Purchase price stands at $253,300, and rental yield measures 14.54% with $3,070/mo rent. Return on cash invested shows 38.04% in year one, and 5% annual appreciation builds toward $69,982 over five years. Five-year ROI reaches 201.29% and total cumulative return in cash records $169,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,070/mo property income covering a $1,240/mo payment rather than investor’s personal income.
Single Family
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75964, Nacogdoches, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,318 (100%) |
| Owner Occupied HU | 4,608 (55.4%) |
| Renter Occupied HU | 2,748 (33.0%) |
| Vacant Housing Units | 962 (11.6%) |
| Median Home Value | $164,655 |
| Average Home Value | $214,953 |
Housing Distribution
Address Breakdown
Residential
8,227
Single Family
7,787
Multi-Family
440
Businesses
467
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Listed by: Ed Pool • Charles Pool Real Estate
Mls Name: Nacogdoches County BOR
Mls Provider:
Mls ID: #22400351
Disclaimer: Copyright Nacogdoches County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.