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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hewitt at 1137 Ridgeview Dr, Hewitt, TX, 76643 generates $3,278/mo in rent, after a $2,295/mo payment. Total monthly income is $3,278/mo. Return on cash invested sits at 19.47% in year one, and rental yield is 8.39% on a $468,900 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,548 over five years. Five-year ROI reaches 101.72% and total cumulative return in cash sums $158,112. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,278/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Listed for sale | $468,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-18 | $6467.54 | 10.03% | $434,159 | 10.00% |
| 2023-07-18 | $5877.85 | -10.55% | $394,690 | 10.00% |
| 2022-07-18 | $6571.33 | 2.42% | $358,809 | 10.00% |
Listed by: Leslie Edwards • Better Homes and Gardens
Mls Name: NTREIS
Mls ID: #21004816
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.
