115 E Homewood DrCrockettTX75835
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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 Crockett at 115 E Homewood Dr, Crockett, TX, 75835 with 5% annual appreciation on a $160,000 basis while $1,233/mo rent supports operations. Total monthly income totals $1,233/mo and a $783/mo payment preserves $95/mo for cash returns. Annual cash flow comes to $1,144/yr on $53,040 deployed, and return on cash invested reaches 22.07% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.25%. Five-year ROI measures 115.68% and total cumulative return in cash totals $61,358.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,233/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75835, Crockett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,006 (100%) |
| Owner Occupied HU | 3,190 (53.1%) |
| Renter Occupied HU | 1,508 (25.1%) |
| Vacant Housing Units | 1,308 (21.8%) |
| Median Home Value | $200,585 |
| Average Home Value | $267,114 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,796
Multi-Family
233
Businesses
585
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