203 W Haning StHoweTX75459
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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 Howe at 203 W Haning St, Howe, TX, 75459 priced at $182,500 converts $1,932/mo rent into $634/mo cash flow after a $893/mo obligation. Total monthly income equals $1,932/mo, and annual cash flow totals $7,614/yr on $60,499 invested. Return on cash invested prints 32.49% in year one, and rental yield reads 12.7% against a $182,500 entry. Equity gained on principal adds $1,178/yr, while 5% annual appreciation compiles into $50,421 by year five. Five-year ROI reaches 171.59% and total cumulative return in cash sums $103,810. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,932/mo property income covering a $893/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75459, Howe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,560 (66.8%) |
| Renter Occupied HU | 636 (27.2%) |
| Vacant Housing Units | 138 ( 5.9%) |
| Median Home Value | $338,214 |
| Average Home Value | $450,441 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
1,936
Multi-Family
132
Businesses
104
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Listed by: Jeff Sharer • Coldwell Banker Res Benton
Mls Name: NTREIS
Mls ID: #20385428
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.