344 Oak StNoconaTX76255
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
Investment property for sale in Nocona at 344 Oak St, Nocona, TX, 76255 with 5% annual appreciation on a $265,000 basis while $1,753/mo rent supports operations. 11% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 7.94%. Five-year ROI measures 94.45% and total cumulative return in cash totals $82,971. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,753/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76255, Nocona, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,154 (100%) |
| Owner Occupied HU | 1,790 (56.8%) |
| Renter Occupied HU | 631 (20.0%) |
| Vacant Housing Units | 733 (23.2%) |
| Median Home Value | $188,393 |
| Average Home Value | $281,074 |
Housing Distribution
Address Breakdown
Residential
2,483
Single Family
2,483
Multi-Family
0
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices