6 N Osage CtNoconaTX76255
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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 Nocona at 6 N Osage Ct, Nocona, TX, 76255 priced at $200,000 converts $2,047/mo rent into $525/mo cash flow after a $979/mo obligation. Total monthly income equals $2,047/mo, and annual cash flow totals $6,296/yr on $66,300 invested. Return on cash invested prints 29.41% in year one, and rental yield reads 12.28% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 155.67% and total cumulative return in cash sums $103,208. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,047/mo property income covering a $979/mo payment, not borrower’s personal income.
Manufactured
Built in 1972
1.29 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76255, Nocona, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,154 (100%) |
| Owner Occupied HU | 1,790 (56.8%) |
| Renter Occupied HU | 631 (20.0%) |
| Vacant Housing Units | 733 (23.2%) |
| Median Home Value | $188,393 |
| Average Home Value | $281,074 |
Housing Distribution
Address Breakdown
Residential
2,483
Single Family
2,483
Multi-Family
0
Businesses
261
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Listed by: Brandy Fausel • Real Estate Shoppe TX, LLC
Mls Name: NTREIS
Mls ID: #20653971
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.