244 Hickerson AveWake VillageTX75501
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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 Wake Village at 244 Hickerson Ave, Wake Village, TX, 75501 listed at $135,000 pairs $1,076/mo rent with a $661/mo payment to leave $116/mo cash flow. Total monthly income runs $1,076/mo, and annual cash flow reaches $1,389/yr on $44,753 cash to close. Return on cash invested measures 23.01% in year one, and rental yield registers 9.56% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 120.75% and total cumulative return in cash totals $54,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,076/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75501, Texarkana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,734 (100%) |
| Owner Occupied HU | 8,081 (51.4%) |
| Renter Occupied HU | 6,091 (38.7%) |
| Vacant Housing Units | 1,562 ( 9.9%) |
| Median Home Value | $171,459 |
| Average Home Value | $217,741 |
Housing Distribution
Address Breakdown
Residential
15,400
Single Family
13,638
Multi-Family
1,762
Businesses
1,259
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Listed by: April Taylor • NextHome DA Assets
Mls Name: HAR
Mls ID: #65171543