2622 Hawkins StVan AlstyneTX75495
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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 Van Alstyne at 2622 Hawkins St, Van Alstyne, TX, 75495 priced at $379,600 converts $2,984/mo rent into $285/mo cash flow after a $1,858/mo obligation. Total monthly income equals $2,984/mo, and annual cash flow totals $3,415/yr on $125,837 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 9.43% against a $379,600 entry. Equity gained on principal adds $2,450/yr, while 5% annual appreciation compiles into $104,876 by year five. Five-year ROI reaches 118.61% and total cumulative return in cash sums $149,251. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,984/mo property income covering a $1,858/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75495, Van Alstyne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 4,241 (80.0%) |
| Renter Occupied HU | 712 (13.4%) |
| Vacant Housing Units | 350 ( 6.6%) |
| Median Home Value | $387,546 |
| Average Home Value | $443,015 |
Housing Distribution
Address Breakdown
Residential
4,656
Single Family
4,253
Multi-Family
403
Businesses
355
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