24003 NW County Road 3240HubbardTX76648
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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 Hubbard at 24003 NW County Road 3240, Hubbard, TX, 76648 listed at $138,490 pairs $1,598/mo rent with a $678/mo payment to leave $613/mo cash flow. Total monthly income runs $1,598/mo, and annual cash flow reaches $7,356/yr on $45,909 cash to close. Return on cash invested measures 35.93% in year one, and rental yield registers 13.85% at a $138,490 basis. Equity gained on principal adds $894/yr, and annual property appreciation at 5% supports $38,262 by year five. Five-year ROI tracks 190.11% and total cumulative return in cash totals $87,280. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,598/mo property income relative to a $678/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76648, Hubbard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 742 (63.3%) |
| Renter Occupied HU | 241 (20.6%) |
| Vacant Housing Units | 189 (16.1%) |
| Median Home Value | $150,000 |
| Average Home Value | $198,881 |
Housing Distribution
Address Breakdown
Residential
1,159
Single Family
1,159
Multi-Family
0
Businesses
110
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