15011 Hout Bay RdStreetmanTX75859
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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 Streetman at 15011 Hout Bay Rd, Streetman, TX, 75859 generates $2,837/mo in rent, after a $2,276/mo payment. Total monthly income is $2,837/mo. Return on cash invested sits at 16.1% in year one, and rental yield is 7.32% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 83.68% and total cumulative return in cash sums $128,987. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,837/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
10 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75859, Streetman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 926 (59.0%) |
| Renter Occupied HU | 118 ( 7.5%) |
| Vacant Housing Units | 525 (33.5%) |
| Median Home Value | $310,145 |
| Average Home Value | $407,724 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
68
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Listed by: Laura Smith • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20778774
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.