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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 128 E Johnson St, Hewitt, TX, 76643 priced at $425,000 converts $2,844/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,844/mo. Return on cash invested prints 18.39% in year one, and rental yield reads 8.03% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 95.92% and total cumulative return in cash sums $135,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,844/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.39 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 |
|---|---|---|
| 2025-01-02 | Price change | $425,000 |
| 2024-11-18 | Price change | $450,000 |
| 2024-10-31 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4251.87 | -0.90% | $300,000 | N/A |
| 2023-02-13 | $4290.52 | -24.09% | $300,000 | -3.19% |
| 2022-02-13 | $5651.77 | 29.04% | $309,880 | 61.25% |
Listed by: Jordan Alders • Coldwell Banker Apex, REALTORS
Mls Name: WMLS
Mls Provider:
Mls ID: #227918
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 04:53:25 PST
