977 Fm 347 NRuskTX75785
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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 977 Fm 347 N, Rusk, TX, 75785 offers a 7.94% rental yield on a $292,000 purchase with $1,932/mo rent. 12% in year one. Equity gained on principal adds $1,884/yr while 5% annual appreciation supports $80,674 over five years. Portfolio math shows five-year ROI at 94.47% and total cumulative return in cash at $91,448. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,932/mo property income against a $1,429/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.72 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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