400 Oak StNoconaTX76255
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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 Nocona at 400 Oak St, Nocona, TX, 76255 at $172,900 posts ROI 20.09% with $9/mo cash flow from $1,238/mo rent. Total monthly income equals $1,238/mo, and annual cash flow records $105/yr on $57,316 to close. Return on cash invested measures 20.09% and rental yield reads 8.59% at the current $172,900. Equity gained on principal adds $1,116/yr, and 5% annual appreciation supports $47,769 by year five. Five-year ROI prints 105.05% and total cumulative return in cash totals $60,212.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,238/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
0.30 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
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