6049 NE County Road 1030bRiceTX75155
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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 Rice at 6049 NE County Road 1030b, Rice, TX, 75155 uses $271,425 cash to close to unlock $12,351/yr annual cash flow and $1,029/mo monthly cash flow. Total monthly income runs $6,896/mo, and a $4,038/mo payment keeps the spread at $1,029/mo. Purchase price stands at $825,000, and rental yield measures 10.03% with $6,896/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 129.25% and total cumulative return in cash records $350,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,896/mo property income covering a $4,038/mo payment rather than investor’s personal income.
Single Family
Built in 2023
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75155, Rice, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,439 (100%) |
| Owner Occupied HU | 997 (69.3%) |
| Renter Occupied HU | 278 (19.3%) |
| Vacant Housing Units | 164 (11.4%) |
| Median Home Value | $175,426 |
| Average Home Value | $231,916 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,161
Multi-Family
1
Businesses
70
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Listed by: Alexa Aguirre • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20627128
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.