702 E 5th StNixonTX78140
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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 702 E 5th St, Nixon, TX, 78140 offers a 5.01% rental yield on a $199,900 purchase with $834/mo rent. 28% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 47.03% and total cumulative return in cash at $31,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,941 sqft 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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