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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% |
Investment property for sale in Nixon at 501 S Parker, Nixon, TX, 78140 listed at $349,900 pairs $834/mo rent with a $1,713/mo payment. Total monthly income runs $834/mo. Return on cash invested measures 2.79% in year one, and rental yield registers 2.86% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 12.28% and total cumulative return in cash totals $14,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $834/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
7.70 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Listed by: James Bigley • Iron Creek Realty
Mls Name: LERA MLS
Mls ID: #1927119
