124 Speights RdHankamerTX77560
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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 Hankamer at 124 Speights Rd, Hankamer, TX, 77560 uses $72,930 cash to close to unlock $5,800/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $2,048/mo, and a $1,077/mo payment keeps the spread at $483/mo. Purchase price stands at $220,000, and rental yield measures 11.17% with $2,048/mo rent. Return on cash invested shows 27.86% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 146.75% and total cumulative return in cash records $107,027. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,048/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77560, Hankamer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 415 (100%) |
| Owner Occupied HU | 307 (74.0%) |
| Renter Occupied HU | 60 (14.5%) |
| Vacant Housing Units | 48 (11.6%) |
| Median Home Value | $322,321 |
| Average Home Value | $293,233 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
278
Multi-Family
0
Businesses
23
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Listed by: Holly Jackson • RE/MAX ONE - Premier
Mls Name: HAR
Mls Provider:
Mls ID: #55499335
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