1660 Franklin Rd WHallsvilleTX75650
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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 Hallsville at 1660 Franklin Rd W, Hallsville, TX, 75650 uses $72,897 cash to close to unlock $3,319/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $1,840/mo, and a $1,076/mo payment keeps the spread at $277/mo. Purchase price stands at $219,900, and rental yield measures 10.04% with $1,840/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 128.47% and total cumulative return in cash records $93,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,840/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Manufactured
Built in 2010
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75650, Hallsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,658 (67.7%) |
| Renter Occupied HU | 979 (24.9%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $306,281 |
| Average Home Value | $328,313 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,936
Multi-Family
96
Businesses
238
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Listed by: Stephanie Murray • Century 21 Platinum Partners
Mls Name: LGVBOARD
Mls ID: #20256820