8188 State Highway 294RuskTX75785
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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 Rusk at 8188 State Highway 294, Rusk, TX, 75785 listed at $462,900 pairs $3,307/mo rent with a $2,266/mo payment to leave $15/mo cash flow. Total monthly income runs $3,307/mo, and annual cash flow reaches $179/yr on $153,451 cash to close. Return on cash invested measures 20.03% in year one, and rental yield registers 8.57% at a $462,900 basis. Equity gained on principal adds $2,987/yr, and annual property appreciation at 5% supports $127,891 by year five. Five-year ROI tracks 104.68% and total cumulative return in cash totals $160,632. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,307/mo property income relative to a $2,266/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2017
15.20 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
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Listed by: Megan Hogg • Showcase Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24008858
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.