204 E Jade DrHewittTX76643
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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 Hewitt at 204 E Jade Dr, Hewitt, TX, 76643 uses $106,909 cash to close to unlock $433/yr annual cash flow and $36/mo monthly cash flow. Total monthly income runs $2,329/mo, and a $1,578/mo payment keeps the spread at $36/mo. Purchase price stands at $322,500, and rental yield measures 8.67% with $2,329/mo rent. Return on cash invested shows 20.31% in year one, and 5% annual appreciation builds toward $89,101 over five years. Five-year ROI reaches 106.27% and total cumulative return in cash records $113,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,329/mo property income covering a $1,578/mo payment rather than investor’s personal income.
Single Family
Built in 2016
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Housing Distribution
Address Breakdown
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
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Listed by: Pam Hanson • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20908942
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.