603 Crockett StRuskTX75785
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rusk at 603 Crockett St, Rusk, TX, 75785 uses $42,764 cash to close to unlock $649/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $971/mo, and a $631/mo payment keeps the spread at $54/mo. Purchase price stands at $129,000, and rental yield measures 9.03% with $971/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 112.3% and total cumulative return in cash records $48,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $971/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75785, Rusk, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,305 (100%) |
| Owner Occupied HU | 2,785 (64.7%) |
| Renter Occupied HU | 865 (20.1%) |
| Vacant Housing Units | 655 (15.2%) |
| Median Home Value | $183,050 |
| Average Home Value | $296,203 |
Housing Distribution
Address Breakdown
Residential
3,704
Single Family
3,704
Multi-Family
0
Businesses
315
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices