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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Nixon at 431 FM 1117, Nixon, TX, 78140 generates $1,928/mo in rent and, after a $1,219/mo payment, leaves $157/mo in cash flow. Total monthly income is $1,928/mo, and annual cash flow is $1,885/yr on $82,544 invested. Return on cash invested sits at 22.19% in year one, and rental yield is 9.29% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 116.34% and total cumulative return in cash sums $96,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,928/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
12.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78140, Nixon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,593 (100%) |
| Owner Occupied HU | 908 (57.0%) |
| Renter Occupied HU | 387 (24.3%) |
| Vacant Housing Units | 298 (18.7%) |
| Median Home Value | $157,692 |
| Average Home Value | $201,258 |
Residential
1,361
Single Family
1,361
Multi-Family
0
Businesses
93
Date | Event | Price |
|---|---|---|
| 2024-06-24 | Price change | $249,000 |
| 2024-06-10 | Listed for sale | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1726.78 | 839.80% | $117,390 | 17.66% |
| 2022-08-14 | $183.74 | N/A | $99,770 | 1.72% |
| 2021-08-14 | N/A | N/A | $98,080 | 11.44% |
Listed by: Christopher Watters • Watters International Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1782850
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.
