5824 Hwy 97NixonTX78140
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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
Investment property for sale in Nixon at 5824 Hwy 97, Nixon, TX, 78140 earns from $834/mo rent with a $5,181/mo payment. Total monthly income totals $834/mo. ROI tracks -3.05% on current figures, and rental yield reads 0.95% at a $1,058,500 purchase. Equity gained on principal adds $6,830/yr, and 5% annual appreciation supports $292,444 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $834/mo property income instead of your personal income.
Single Family
Built in N/A
73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78140, Nixon, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,361
Single Family
1,361
Multi-Family
0
Businesses
93
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Listed by: Morris Harvey • Mustang Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1838205
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.