1063 Dendron DrHewittTX76643
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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 Hewitt at 1063 Dendron Dr, Hewitt, TX, 76643 priced at $319,900 pairs $2,406/mo rent with $131/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,406/mo, and annual cash flow comes to $1,571/yr on $106,047 invested. Return on cash invested is 21.39% in year one, and rental yield stands at 9.03% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 111.99% and total cumulative return in cash reaches $118,760. For financing, Ziffy Mortgage’s DSCR program evaluates $2,406/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Housing Distribution
Address Breakdown
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
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Listed by: Megan Miller • Helms and Miller, Realtors
Mls Name: NTREIS
Mls ID: #20938246
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.