405 Rusk StNewtonTX75966
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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 Newton at 405 Rusk St, Newton, TX, 75966 generates $1,718/mo in rent and, after a $551/mo payment, leaves $917/mo in cash flow. Total monthly income is $1,718/mo, and annual cash flow is $11,009/yr on $37,327 invested. Return on cash invested sits at 49.4% in year one, and rental yield is 18.31% on a $112,600 entry. Equity gained on principal adds $727/yr, while 5% annual appreciation builds toward $31,109 over five years. Five-year ROI reaches 262.27% and total cumulative return in cash sums $97,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,718/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75966, Newton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,041 (100%) |
| Owner Occupied HU | 1,399 (68.5%) |
| Renter Occupied HU | 303 (14.8%) |
| Vacant Housing Units | 339 (16.6%) |
| Median Home Value | $103,840 |
| Average Home Value | $142,336 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,586
Multi-Family
2
Businesses
157
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