1402 E 1stHughes SpringsTX75656
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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 Hughes Springs at 1402 E 1st, Hughes Springs, TX, 75656 at $279,900 posts ROI 17.65% with from $1,816/mo rent. Total monthly income equals $1,816/mo. Return on cash invested measures 17.65% and rental yield reads 7.79% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 91.97% and total cumulative return in cash totals $85,333. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,816/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75656, Hughes Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 1,295 (61.2%) |
| Renter Occupied HU | 499 (23.6%) |
| Vacant Housing Units | 323 (15.3%) |
| Median Home Value | $146,136 |
| Average Home Value | $352,147 |
Housing Distribution
Address Breakdown
Residential
1,752
Single Family
1,648
Multi-Family
104
Businesses
150
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Listed by: Bree Shimpock • Texas Real Estate Executives-Gilmer
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24012040
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.