1421 Promised Land RdHewittTX76643
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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 Hewitt at 1421 Promised Land Rd, Hewitt, TX, 76643 listed at $689,900 pairs $4,747/mo rent with a $3,377/mo payment. Total monthly income runs $4,747/mo. Return on cash invested measures 19.22% in year one, and rental yield registers 8.26% at a $689,900 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,607 by year five. Five-year ROI tracks 100.32% and total cumulative return in cash totals $227,701. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,747/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Housing Distribution
Address Breakdown
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
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