118 W Hoskins StNew BostonTX75570
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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 New Boston at 118 W Hoskins St, New Boston, TX, 75570 uses $172,725 cash to close to unlock $4,383/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $4,099/mo, and a $2,570/mo payment keeps the spread at $365/mo. Purchase price stands at $525,000, and rental yield measures 9.37% with $4,099/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 118.47% and total cumulative return in cash records $204,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,099/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2011
5.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,377 (61.0%) |
| Renter Occupied HU | 1,165 (29.9%) |
| Vacant Housing Units | 353 ( 9.1%) |
| Median Home Value | $199,907 |
| Average Home Value | $219,324 |
Housing Distribution
Address Breakdown
Residential
3,675
Single Family
3,585
Multi-Family
90
Businesses
366
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Listed by: Holly Craigen • Fathom Realty Central
Mls Name: CARMLS
Mls Provider:
Mls ID: #25023132
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.