1040 Hawk LnNew HomeTX79383
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 New Home at 1040 Hawk Ln, New Home, TX, 79383 offers a 13.57% rental yield on a $629,000 purchase with $7,112/mo rent. Total monthly income registers $7,112/mo, and a $3,079/mo payment leaves $2,614/mo available for distribution. Annual cash flow reaches $31,365/yr on $206,941 to close, and return on cash invested stands at 35.22% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Portfolio math shows five-year ROI at 186.17% and total cumulative return in cash at $385,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,112/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79383, New Home, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
44
Single Family
0
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cole Whisenhunt • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202400999
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.