131 NW I AveHamlinTX79520
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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
Rental property for sale in Hamlin at 131 NW I Ave, Hamlin, TX, 79520 generates $1,086/mo in rent, after a $983/mo payment. Total monthly income is $1,086/mo. Return on cash invested sits at 13.74% in year one, and rental yield is 6.49% on a $200,790 entry. Equity gained on principal adds $1,296/yr, while 5% annual appreciation builds toward $55,475 over five years. Five-year ROI reaches 70.97% and total cumulative return in cash sums $47,236. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,086/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79520, Hamlin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 638 (55.0%) |
| Renter Occupied HU | 201 (17.3%) |
| Vacant Housing Units | 321 (27.7%) |
| Median Home Value | $62,703 |
| Average Home Value | $94,126 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
133
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Listed by: Rebecca Wilson • Ekdahl Real Estate STAMFORD
Mls Name: NTREIS
Mls ID: #20879539
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.