1215 Corsicana HwyHillsboroTX76645
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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 Hillsboro at 1215 Corsicana Hwy, Hillsboro, TX, 76645 uses $67,924 cash to close to unlock $21,022/yr annual cash flow and $1,752/mo monthly cash flow. Total monthly income runs $3,209/mo, and a $1,003/mo payment keeps the spread at $1,752/mo. Purchase price stands at $204,900, and rental yield measures 18.79% with $3,209/mo rent. Return on cash invested shows 50.86% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 270.02% and total cumulative return in cash records $183,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,209/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Housing Distribution
Address Breakdown
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
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Listed by: Christopher Morris • Premier Realty
Mls Name: NTREIS
Mls ID: #20656268
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.