1044 Pitch Pine StHickory CreekTX75065
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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
Rental property for sale in Hickory Creek at 1044 Pitch Pine St, Hickory Creek, TX, 75065 offers $4,387/mo rent that, after a $2,814/mo payment, leaves $298/mo cash flow. Total monthly income is $4,387/mo, and annual cash flow is $3,581/yr on $189,175 cash. Return on cash invested measures 21.95% in year one, and rental yield stands at 9.16% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 115% and total cumulative return in cash reaches $217,547. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,387/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Housing Distribution
Address Breakdown
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
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Listed by: Surya Thapa • Vastu Realty Inc.
Mls Name: NTREIS
Mls ID: #21026632