109 Canvasback LnHallsvilleTX75650
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 Hallsville at 109 Canvasback Ln, Hallsville, TX, 75650 earns $241/mo cash flow from $2,403/mo rent with a $1,488/mo payment. Total monthly income totals $2,403/mo, and annual cash flow totals $2,894/yr on $100,776 capital. ROI tracks 22.78% on current figures, and rental yield reads 9.49% at a $304,000 purchase. Equity gained on principal adds $1,962/yr, and 5% annual appreciation supports $83,990 over five years. Five-year ROI reaches 119.48% and total cumulative return in cash sums $120,404. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,403/mo property income instead of your personal income.
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75650, Hallsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,658 (67.7%) |
| Renter Occupied HU | 979 (24.9%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $306,281 |
| Average Home Value | $328,313 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,936
Multi-Family
96
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee Wingo • Summers Cook & Company
Mls Name: LGVBOARD
Mls ID: #20256815