131 Oaklane DrHemphillTX75948
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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 Hemphill at 131 Oaklane Dr, Hemphill, TX, 75948 priced at $299,000 pairs $1,584/mo rent with after a $1,463/mo payment. Total monthly income equals $1,584/mo. Return on cash invested is 13.3% in year one, and rental yield stands at 6.36% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 68.67% and total cumulative return in cash reaches $68,062. For financing, Ziffy Mortgage’s DSCR program evaluates $1,584/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
1.22 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75948, Hemphill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,133 (100%) |
| Owner Occupied HU | 2,405 (46.9%) |
| Renter Occupied HU | 357 ( 7.0%) |
| Vacant Housing Units | 2,371 (46.2%) |
| Median Home Value | $223,169 |
| Average Home Value | $281,982 |
Housing Distribution
Address Breakdown
Residential
3,413
Single Family
3,413
Multi-Family
0
Businesses
324
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Listed by: Wendi Bangoy • Southeast Texas 1st Realty
Mls Name: HAR
Mls Provider:
Mls ID: #43114744
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