140 Hcr #1431CovingtonTX76636
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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 Covington at 140 Hcr #1431, Covington, TX, 76636 earns from $1,780/mo rent with a $2,227/mo payment. Total monthly income totals $1,780/mo. ROI tracks 8.33% on current figures, and rental yield reads 4.69% at a $455,000 purchase. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 over five years. Five-year ROI reaches 41.97% and total cumulative return in cash sums $63,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,780/mo property income instead of your personal income.
Single Family
Built in 1979
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76636, Covington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 526 (74.2%) |
| Renter Occupied HU | 89 (12.6%) |
| Vacant Housing Units | 94 (13.3%) |
| Median Home Value | $264,130 |
| Average Home Value | $354,254 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
40
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Listed by: Mark Kramer • Ready Real Estate LLC
Mls Name: NTREIS
Mls ID: #20970135
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.