300 N 8th StNolanvilleTX76559
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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 Nolanville at 300 N 8th St, Nolanville, TX, 76559 offers $1,980/mo rent that, after a $538/mo payment, leaves $1,198/mo cash flow. Total monthly income is $1,980/mo, and annual cash flow is $14,381/yr on $36,432 cash. Return on cash invested measures 59.38% in year one, and rental yield stands at 21.62% at a $109,900 entry. Equity gained on principal adds $709/yr while 5% annual appreciation compounds into $30,363 by year five. Five-year ROI records 315.79% and total cumulative return in cash reaches $115,048. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1967
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76559, Nolanville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 1,828 (62.7%) |
| Renter Occupied HU | 882 (30.3%) |
| Vacant Housing Units | 204 ( 7.0%) |
| Median Home Value | $297,782 |
| Average Home Value | $325,658 |
Housing Distribution
Address Breakdown
Residential
2,767
Single Family
2,719
Multi-Family
48
Businesses
85
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Listed by: Edward McClintick • Joseph Walter Realty, Llc
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #562662
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.