149 June StHemphillTX75948
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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 Hemphill at 149 June St, Hemphill, TX, 75948 offers $2,628/mo rent that, after a $758/mo payment, leaves $1,527/mo cash flow. Total monthly income is $2,628/mo, and annual cash flow is $18,320/yr on $51,349 cash. Return on cash invested measures 55.59% in year one, and rental yield stands at 20.36% at a $154,900 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,796 by year five. Five-year ROI records 295.4% and total cumulative return in cash reaches $151,688. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,628/mo property income versus a $758/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2013
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75948, Hemphill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,133 (100%) |
| Owner Occupied HU | 2,405 (46.9%) |
| Renter Occupied HU | 357 ( 7.0%) |
| Vacant Housing Units | 2,371 (46.2%) |
| Median Home Value | $223,169 |
| Average Home Value | $281,982 |
Housing Distribution
Address Breakdown
Residential
3,413
Single Family
3,413
Multi-Family
0
Businesses
324
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Listed by: Tiffany N Luce • Allman Company
Mls Name: TAR MLS
Mls ID: #210317
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-13 03:12:48 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.