222 3rd StHillsboroTX76645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hillsboro at 222 3rd St, Hillsboro, TX, 76645 priced at $262,000 converts $1,872/mo rent into $9/mo cash flow after a $1,282/mo obligation. Total monthly income equals $1,872/mo, and annual cash flow totals $111/yr on $86,853 invested. Return on cash invested prints 20.04% in year one, and rental yield reads 8.57% against a $262,000 entry. Equity gained on principal adds $1,691/yr, while 5% annual appreciation compiles into $72,386 by year five. Five-year ROI reaches 104.78% and total cumulative return in cash sums $91,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,872/mo property income covering a $1,282/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet Vega • Monument Realty
Mls Name: NTREIS
Mls ID: #20930448
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.