211 County Road 229HartTX79043
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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 Hart at 211 County Road 229, Hart, TX, 79043 generates $3,648/mo in rent and, after a $1,076/mo payment, leaves $2,085/mo in cash flow. Total monthly income is $3,648/mo, and annual cash flow is $25,015/yr on $72,897 invested. Return on cash invested sits at 54.22% in year one, and rental yield is 19.91% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 288.1% and total cumulative return in cash sums $210,016. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,648/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
3.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79043, Hart, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 311 (56.8%) |
| Renter Occupied HU | 134 (24.5%) |
| Vacant Housing Units | 103 (18.8%) |
| Median Home Value | $61,136 |
| Average Home Value | $113,400 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
35
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Listed by: Moe Evans • RE/MAX Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202407501
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.