13497 S Fork DrHamshireTX77622
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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 Hamshire at 13497 S Fork Dr, Hamshire, TX, 77622 uses $77,505 cash to close to unlock $2,109/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $1,838/mo, and a $1,144/mo payment keeps the spread at $176/mo. Purchase price stands at $233,800, and rental yield measures 9.43% with $1,838/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $64,595 over five years. Five-year ROI reaches 118.65% and total cumulative return in cash records $91,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,838/mo property income covering a $1,144/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77622, Hamshire, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 580 (100%) |
| Owner Occupied HU | 444 (76.6%) |
| Renter Occupied HU | 50 ( 8.6%) |
| Vacant Housing Units | 86 (14.8%) |
| Median Home Value | $291,791 |
| Average Home Value | $292,185 |
Housing Distribution
Address Breakdown
Residential
431
Single Family
431
Multi-Family
0
Businesses
58
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