1029 NW 3rd StHamlinTX79520
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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 Hamlin at 1029 NW 3rd St, Hamlin, TX, 79520 earns $1,024/mo cash flow from $1,806/mo rent with a $538/mo payment. Total monthly income totals $1,806/mo, and annual cash flow totals $12,290/yr on $36,465 capital. ROI tracks 53.61% on current figures, and rental yield reads 19.7% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 284.89% and total cumulative return in cash sums $103,884. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,806/mo property income instead of your personal income.
Single Family
Built in 1962
9,844 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79520, Hamlin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 638 (55.0%) |
| Renter Occupied HU | 201 (17.3%) |
| Vacant Housing Units | 321 (27.7%) |
| Median Home Value | $62,703 |
| Average Home Value | $94,126 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
133
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