259 & 209 Lone Oak DrHawkinsTX75765
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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 Hawkins at 259 & 209 Lone Oak Dr, Hawkins, TX, 75765 generates $4,265/mo in rent and, after a $1,322/mo payment, leaves $2,345/mo in cash flow. Total monthly income is $4,265/mo, and annual cash flow is $28,134/yr on $89,505 invested. Return on cash invested sits at 51.34% in year one, and rental yield is 18.96% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 272.63% and total cumulative return in cash sums $244,021. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,265/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75765, Hawkins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,373 (100%) |
| Owner Occupied HU | 3,017 (69.0%) |
| Renter Occupied HU | 576 (13.2%) |
| Vacant Housing Units | 780 (17.8%) |
| Median Home Value | $248,059 |
| Average Home Value | $312,587 |
Housing Distribution
Address Breakdown
Residential
3,676
Single Family
3,676
Multi-Family
0
Businesses
215
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Listed by: Angie Strawn • Strawn Real Estate
Mls Name: NTREIS
Mls ID: #20660440
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.