108 Missionary CirHearneTX77859
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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 Hearne at 108 Missionary Cir, Hearne, TX, 77859 uses $49,692 cash to close to unlock $6,768/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $1,650/mo, and a $734/mo payment keeps the spread at $564/mo. Purchase price stands at $149,900, and rental yield measures 13.21% with $1,650/mo rent. Return on cash invested shows 33.53% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 177.25% and total cumulative return in cash records $88,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,650/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77859, Hearne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 2,013 (60.1%) |
| Renter Occupied HU | 855 (25.5%) |
| Vacant Housing Units | 483 (14.4%) |
| Median Home Value | $159,472 |
| Average Home Value | $214,139 |
Housing Distribution
Address Breakdown
Residential
2,974
Single Family
2,876
Multi-Family
98
Businesses
324
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Listed by: Sarah Dwyer • TNT Properties Real Estate
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24015697
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.