108 W Oconnell StHoweTX75459
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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 Howe at 108 W Oconnell St, Howe, TX, 75459 earns $477/mo cash flow from $1,722/mo rent with a $857/mo payment. Total monthly income totals $1,722/mo, and annual cash flow totals $5,725/yr on $58,013 capital. ROI tracks 29.78% on current figures, and rental yield reads 11.81% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 157.05% and total cumulative return in cash sums $91,111. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,722/mo property income instead of your personal income.
Single Family
Built in 1952
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75459, Howe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,560 (66.8%) |
| Renter Occupied HU | 636 (27.2%) |
| Vacant Housing Units | 138 ( 5.9%) |
| Median Home Value | $338,214 |
| Average Home Value | $450,441 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
1,936
Multi-Family
132
Businesses
104
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Listed by: Veronica Garcia • Easy Life Realty
Mls Name: NTREIS
Mls ID: #20772923
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.