1117 E Spring StHenriettaTX76365
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 Henrietta at 1117 E Spring St, Henrietta, TX, 76365 with 5% annual appreciation on a $115,000 basis while $1,144/mo rent supports operations. Total monthly income totals $1,144/mo and a $563/mo payment preserves $306/mo for cash returns. Annual cash flow comes to $3,670/yr on $38,123 deployed, and return on cash invested reaches 29.54% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 11.94%. Five-year ROI measures 155.9% and total cumulative return in cash totals $59,433.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,144/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76365, Henrietta, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,557 (100%) |
| Owner Occupied HU | 1,604 (62.7%) |
| Renter Occupied HU | 453 (17.7%) |
| Vacant Housing Units | 500 (19.6%) |
| Median Home Value | $148,897 |
| Average Home Value | $210,296 |
Housing Distribution
Address Breakdown
Residential
2,208
Single Family
2,110
Multi-Family
98
Businesses
160
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Nearby investment properties with comparable prices
Listed by: Steven Hinson • Dennis Company
Mls Name: WFAR
Mls Provider:
Mls ID: #178172
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