260 Hickory StHarletonTX75651
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 Harleton at 260 Hickory St, Harleton, TX, 75651 priced at $179,900 converts $3,895/mo rent into $2,615/mo cash flow after a $881/mo obligation. Total monthly income equals $3,895/mo, and annual cash flow totals $31,383/yr on $59,637 invested. Return on cash invested prints 72.53% in year one, and rental yield reads 25.98% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 386.29% and total cumulative return in cash sums $230,373. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,895/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75651, Harleton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 996 (100%) |
| Owner Occupied HU | 744 (74.7%) |
| Renter Occupied HU | 128 (12.9%) |
| Vacant Housing Units | 124 (12.4%) |
| Median Home Value | $249,038 |
| Average Home Value | $222,335 |
Housing Distribution
Address Breakdown
Residential
784
Single Family
784
Multi-Family
0
Businesses
65
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