9285 John Rice DrIolaTX77861
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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
Total monthly income runs $3,245/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 3.39% with $3,245/mo rent. Return on cash invested shows 4.48% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 21.26% and total cumulative return in cash records $79,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,245/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Single Family
Built in 2014
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77861, Iola, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 1,116 (74.9%) |
| Renter Occupied HU | 157 (10.5%) |
| Vacant Housing Units | 216 (14.5%) |
| Median Home Value | $391,304 |
| Average Home Value | $430,889 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,363
Multi-Family
0
Businesses
59
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Listed by: Jennifer Zweiacker • Zweiacker & Associates
Mls Name: HAR
Mls Provider:
Mls ID: #12619699
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