309 E Nancy StWhite OakTX75693
Nearby investment properties with comparable rents
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
Rental property for sale in White Oak at 309 E Nancy St, White Oak, TX, 75693 priced at $289,975 pairs $1,701/mo rent with after a $1,419/mo payment. Total monthly income equals $1,701/mo. Return on cash invested is 15.41% in year one, and rental yield stands at 7.04% on a $289,975 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,115 by year five. Five-year ROI measures 79.94% and total cumulative return in cash reaches $76,844. For financing, Ziffy Mortgage’s DSCR program evaluates $1,701/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75693, White Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,509 (100%) |
| Owner Occupied HU | 1,610 (64.2%) |
| Renter Occupied HU | 663 (26.4%) |
| Vacant Housing Units | 236 ( 9.4%) |
| Median Home Value | $241,549 |
| Average Home Value | $242,748 |
Housing Distribution
Address Breakdown
Residential
2,412
Single Family
2,412
Multi-Family
0
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices