20 NE 12th StHamlinTX79520
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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 Hamlin at 20 NE 12th St, Hamlin, TX, 79520 offers $1,435/mo rent that, after a $737/mo payment, leaves $364/mo cash flow. Total monthly income is $1,435/mo, and annual cash flow is $4,373/yr on $49,891 cash. Return on cash invested measures 28.67% in year one, and rental yield stands at 11.44% at a $150,500 entry. Equity gained on principal adds $971/yr while 5% annual appreciation compounds into $41,580 by year five. Five-year ROI records 151.11% and total cumulative return in cash reaches $75,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,435/mo property income versus a $737/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2009
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79520, Hamlin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 638 (55.0%) |
| Renter Occupied HU | 201 (17.3%) |
| Vacant Housing Units | 321 (27.7%) |
| Median Home Value | $62,703 |
| Average Home Value | $94,126 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
133
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Listed by: Kara Taylor • Berkshire Hathaway HS Stovall
Mls Name: NTREIS
Mls ID: #20618715
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.