2991 N Fm 200RainbowTX76077
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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 Rainbow at 2991 N Fm 200, Rainbow, TX, 76077 generates $2,880/mo in rent, after a $4,038/mo payment. Total monthly income is $2,880/mo. Return on cash invested sits at 6.86% in year one, and rental yield is 4.19% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 34.04% and total cumulative return in cash sums $92,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
13.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76077, Rainbow, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 233 (71.5%) |
| Renter Occupied HU | 46 (14.1%) |
| Vacant Housing Units | 47 (14.4%) |
| Median Home Value | $578,125 |
| Average Home Value | $863,487 |
Housing Distribution
Address Breakdown
Residential
151
Single Family
151
Multi-Family
0
Businesses
35
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Listed by: Bailey Groves • Texas Real Estate Twins
Mls Name: NTREIS
Mls ID: #20985399
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.