1016 Hanover StEdnaTX77957
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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 Edna at 1016 Hanover St, Edna, TX, 77957 uses $59,670 cash to close to unlock $4,416/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $1,648/mo, and a $881/mo payment keeps the spread at $368/mo. Purchase price stands at $180,000, and rental yield measures 10.99% with $1,648/mo rent. Return on cash invested shows 27.31% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 143.72% and total cumulative return in cash records $85,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1954
8,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77957, Edna, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,290 (100%) |
| Owner Occupied HU | 2,400 (55.9%) |
| Renter Occupied HU | 1,166 (27.2%) |
| Vacant Housing Units | 724 (16.9%) |
| Median Home Value | $212,621 |
| Average Home Value | $269,105 |
Housing Distribution
Address Breakdown
Residential
3,213
Single Family
3,132
Multi-Family
81
Businesses
378
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Listed by: Angela Stancik • ThisIsLivin Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #30046840
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