Doris CtNemoTX76070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Nemo at Doris Ct, Nemo, TX, 76070 at $194,000 posts ROI 55.84% with $1,926/mo cash flow from $3,312/mo rent. Total monthly income equals $3,312/mo, and annual cash flow records $23,109/yr on $64,311 to close. Return on cash invested measures 55.84% and rental yield reads 20.49% at the current $194,000. Equity gained on principal adds $1,252/yr, and 5% annual appreciation supports $53,599 by year five. Five-year ROI prints 296.81% and total cumulative return in cash totals $190,880.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,312/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
2.47 Acres lot
$N/A/sqft
$75 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76070, Nemo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 321 (100%) |
| Owner Occupied HU | 254 (79.1%) |
| Renter Occupied HU | 38 (11.8%) |
| Vacant Housing Units | 29 ( 9.0%) |
| Median Home Value | $328,125 |
| Average Home Value | $372,923 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
15
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Nearby investment properties with comparable prices
Listed by: Ronald Ballou • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20608704
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.