718 Hollis StNormangeeTX77871
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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 Normangee at 718 Hollis St, Normangee, TX, 77871 priced at $207,000 pairs $1,573/mo rent with $101/mo cash flow after a $1,013/mo payment. Total monthly income equals $1,573/mo, and annual cash flow comes to $1,214/yr on $68,621 invested. Return on cash invested is 21.68% in year one, and rental yield stands at 9.12% on a $207,000 basis. Equity gained on principal adds $1,336/yr, and 5% annual appreciation accumulates to $57,190 by year five. Five-year ROI measures 113.6% and total cumulative return in cash reaches $77,950. For financing, Ziffy Mortgage’s DSCR program evaluates $1,573/mo property income against a $1,013/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77871, Normangee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,397 (68.4%) |
| Renter Occupied HU | 226 (11.1%) |
| Vacant Housing Units | 419 (20.5%) |
| Median Home Value | $262,165 |
| Average Home Value | $336,263 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
95
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Listed by: Caryl Merchant • SRA Strategic Realty Advisors
Mls Name: BCSMLS
Mls Provider:
Mls ID: #25000179
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.