150 Laurel DrHemphillTX75948
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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 Hemphill at 150 Laurel Dr, Hemphill, TX, 75948 uses $36,432 cash to close to unlock $4,637/yr annual cash flow and $386/mo monthly cash flow. Total monthly income runs $1,168/mo, and a $538/mo payment keeps the spread at $386/mo. Purchase price stands at $109,900, and rental yield measures 12.75% with $1,168/mo rent. Return on cash invested shows 32.64% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 172.38% and total cumulative return in cash records $62,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,168/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2007
0.34 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: Jennifer Oliver • American Real Estate - ERA Powered
Mls Name: LAR
Mls Provider:
Mls ID: #74665
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.