107 E Avenue BHooksTX75561
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 Hooks at 107 E Avenue B, Hooks, TX, 75561 with 5% annual appreciation on a $119,000 basis while $902/mo rent supports operations. Total monthly income totals $902/mo and a $582/mo payment preserves $56/mo for cash returns. Annual cash flow comes to $675/yr on $39,449 deployed, and return on cash invested reaches 21.62% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 9.1%. Five-year ROI measures 113.33% and total cumulative return in cash totals $44,705.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $902/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75561, Hooks, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,427 (100%) |
| Owner Occupied HU | 1,509 (62.2%) |
| Renter Occupied HU | 605 (24.9%) |
| Vacant Housing Units | 313 (12.9%) |
| Median Home Value | $157,361 |
| Average Home Value | $210,999 |
Housing Distribution
Address Breakdown
Residential
1,914
Single Family
1,914
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices