22 George Hoover PlaceLeakeyTX78873
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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 Leakey at 22 George Hoover Place, Leakey, TX, 78873 priced at $385,000 converts $1,345/mo rent into after a $1,884/mo obligation. Total monthly income equals $1,345/mo. Return on cash invested prints 6.82% in year one, and rental yield reads 4.19% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 33.85% and total cumulative return in cash sums $43,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,345/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78873, Leakey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 929 (100%) |
| Owner Occupied HU | 529 (56.9%) |
| Renter Occupied HU | 99 (10.7%) |
| Vacant Housing Units | 301 (32.4%) |
| Median Home Value | $349,074 |
| Average Home Value | $408,648 |
Housing Distribution
Address Breakdown
Residential
81
Single Family
81
Multi-Family
0
Businesses
113
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