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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hillsboro at 209 Smith St, Hillsboro, TX, 76645 priced at $240,000 pairs $2,065/mo rent with $358/mo cash flow after a $1,175/mo payment. Total monthly income equals $2,065/mo, and annual cash flow comes to $4,296/yr on $79,560 invested. Return on cash invested is 25.31% in year one, and rental yield stands at 10.32% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 133% and total cumulative return in cash reaches $105,818. For financing, Ziffy Mortgage’s DSCR program evaluates $2,065/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $240,000 |
| 2022-12-13 | Sold | N/A |
| 2010-09-18 | Listing removed | $34,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $55,810 | 2.48% |
| 2023-02-13 | $278.21 | 27.28% | $54,460 | 33.20% |
| 2022-02-13 | $218.58 | 2.04% | $40,886 | 10.00% |
Listed by: Jesus Carrasco • Pioneer 1 Realty
Mls Name: NTREIS
Mls ID: #20770318
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.
