202 Main StHooksTX75561
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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 Hooks at 202 Main St, Hooks, TX, 75561 uses $50,885 cash to close to unlock $7,305/yr annual cash flow and $609/mo monthly cash flow. Total monthly income runs $1,700/mo, and a $751/mo payment keeps the spread at $609/mo. Purchase price stands at $153,500, and rental yield measures 13.29% with $1,700/mo rent. Return on cash invested shows 34.26% in year one, and 5% annual appreciation builds toward $42,409 over five years. Five-year ROI reaches 181.04% and total cumulative return in cash records $92,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,700/mo property income covering a $751/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75561, Hooks, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,427 (100%) |
| Owner Occupied HU | 1,509 (62.2%) |
| Renter Occupied HU | 605 (24.9%) |
| Vacant Housing Units | 313 (12.9%) |
| Median Home Value | $157,361 |
| Average Home Value | $210,999 |
Housing Distribution
Address Breakdown
Residential
1,914
Single Family
1,914
Multi-Family
0
Businesses
94
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