531 Houston St APT 7NacogdochesTX75961
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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 Nacogdoches at 531 Houston St APT 7, Nacogdoches, TX, 75961 priced at $121,900 converts $1,176/mo rent into $149/mo cash flow after a $597/mo obligation. Total monthly income equals $1,176/mo, and annual cash flow totals $1,785/yr on $40,410 invested. Return on cash invested prints 24.33% in year one, and rental yield reads 11.58% against a $121,900 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation compiles into $33,679 by year five. Five-year ROI reaches 129.48% and total cumulative return in cash sums $52,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,176/mo property income covering a $597/mo payment, not borrower’s personal income.
Condo
Built in 1998
0.72 Acres lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75961, Nacogdoches, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,783 (100%) |
| Owner Occupied HU | 3,257 (41.8%) |
| Renter Occupied HU | 3,464 (44.5%) |
| Vacant Housing Units | 1,062 (13.6%) |
| Median Home Value | $170,675 |
| Average Home Value | $212,916 |
Housing Distribution
Address Breakdown
Residential
7,546
Single Family
5,581
Multi-Family
1,965
Businesses
756
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Listed by: Amanda Mitchell • Down Home Property
Mls Name: HAR
Mls Provider:
Mls ID: #6626949
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