6471 NE County Road 1040RiceTX75155
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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 6471 NE County Road 1040, Rice, TX, 75155 listed at $269,000 pairs $2,069/mo rent with a $1,317/mo payment to leave $156/mo cash flow. Total monthly income runs $2,069/mo, and annual cash flow reaches $1,869/yr on $89,174 cash to close. Return on cash invested measures 22% in year one, and rental yield registers 9.23% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 115.28% and total cumulative return in cash totals $102,803. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,069/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2016
1.14 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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