1350 Young RdHallsvilleTX75650
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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 Hallsville at 1350 Young Rd, Hallsville, TX, 75650 priced at $525,000 converts $2,168/mo rent into after a $2,570/mo obligation. Total monthly income equals $2,168/mo. Return on cash invested prints 9.18% in year one, and rental yield reads 4.96% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 46.53% and total cumulative return in cash sums $80,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,168/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Manufactured
Built in 2022
16.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75650, Hallsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,658 (67.7%) |
| Renter Occupied HU | 979 (24.9%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $306,281 |
| Average Home Value | $328,313 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,936
Multi-Family
96
Businesses
238
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Listed by: Lucy Golladay • Century 21 A Select Group
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20244137
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.