401 Young 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
Rental property for sale in Nocona at 401 Young St, Nocona, TX, 76255 priced at $220,000 pairs $1,694/mo rent with $129/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,694/mo, and annual cash flow comes to $1,552/yr on $72,930 invested. Return on cash invested is 22.04% in year one, and rental yield stands at 9.24% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 115.51% and total cumulative return in cash reaches $84,239. For financing, Ziffy Mortgage’s DSCR program evaluates $1,694/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.52 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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Listed by: Shelby Fuller • Red River Realty
Mls Name: NTREIS
Mls ID: #20964698
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.