306 Pace AveNaplesTX75568
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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
Investment property for sale in Naples at 306 Pace Ave, Naples, TX, 75568 uses $67,924 cash to close to unlock $2,674/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,003/mo payment keeps the spread at $223/mo. Purchase price stands at $204,900, and rental yield measures 9.84% with $1,680/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 125.18% and total cumulative return in cash records $85,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1941
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75568, Naples, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,563 (100%) |
| Owner Occupied HU | 990 (63.3%) |
| Renter Occupied HU | 303 (19.4%) |
| Vacant Housing Units | 270 (17.3%) |
| Median Home Value | $142,500 |
| Average Home Value | $181,556 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
78
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