322 County Road 494NoviceTX79538
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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 Novice at 322 County Road 494, Novice, TX, 79538 earns from $3,506/mo rent with a $4,038/mo payment. Total monthly income totals $3,506/mo. ROI tracks 9.62% on current figures, and rental yield reads 5.1% at a $825,000 purchase. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 over five years. Five-year ROI reaches 48.88% and total cumulative return in cash sums $132,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,506/mo property income instead of your personal income.
Manufactured
Built in 2012
106.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79538, Novice, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 137 (100%) |
| Owner Occupied HU | 87 (63.5%) |
| Renter Occupied HU | 9 ( 6.6%) |
| Vacant Housing Units | 41 (29.9%) |
| Median Home Value | $234,375 |
| Average Home Value | $330,029 |
Housing Distribution
Address Breakdown
Residential
56
Single Family
56
Multi-Family
0
Businesses
10
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Listed by: Clay McCullar • McCullar Properties Group LLC
Mls Name: NTREIS
Mls ID: #20759243
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.