1301 Cedar StHearneTX77859
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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 Hearne at 1301 Cedar St, Hearne, TX, 77859 earns from $1,116/mo rent with a $857/mo payment. Total monthly income totals $1,116/mo. ROI tracks 17.24% on current figures, and rental yield reads 7.65% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 89.83% and total cumulative return in cash sums $52,111. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,116/mo property income instead of your personal income.
Single Family
Built in 1070
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77859, Hearne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 2,013 (60.1%) |
| Renter Occupied HU | 855 (25.5%) |
| Vacant Housing Units | 483 (14.4%) |
| Median Home Value | $159,472 |
| Average Home Value | $214,139 |
Housing Distribution
Address Breakdown
Residential
2,974
Single Family
2,876
Multi-Family
98
Businesses
324
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