311 Bailey AveNacogdochesTX75961
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 Nacogdoches at 311 Bailey Ave, Nacogdoches, TX, 75961 offers $1,583/mo rent that, after a $1,224/mo payment. Total monthly income is $1,583/mo. Return on cash invested measures 17.08% in year one, and rental yield stands at 7.6% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 88.9% and total cumulative return in cash reaches $73,678. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,583/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75961, Nacogdoches, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,783 (100%) |
| Owner Occupied HU | 3,257 (41.8%) |
| Renter Occupied HU | 3,464 (44.5%) |
| Vacant Housing Units | 1,062 (13.6%) |
| Median Home Value | $170,675 |
| Average Home Value | $212,916 |
Housing Distribution
Address Breakdown
Residential
7,546
Single Family
5,581
Multi-Family
1,965
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Martin • Loblolly Properties, LLC
Mls Name: Nacogdoches County BOR
Mls ID: #22502020