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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hico at 272 Private Road 2483, Hico, TX, 76457 offers a 6.65% rental yield on a $315,000 purchase with $1,745/mo rent. 76% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 71.23% and total cumulative return in cash at $74,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,745/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
2.95 Acres lot
$N/A/sqft
$40 monthly HOA
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,299 (59.3%) |
| Renter Occupied HU | 406 (18.5%) |
| Vacant Housing Units | 484 (22.1%) |
| Median Home Value | $260,659 |
| Average Home Value | $374,378 |
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
Date | Event | Price |
|---|---|---|
| 2024-11-03 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-23 | $1624.82 | -0.49% | $202,830 | -0.23% |
| 2022-11-23 | $1632.90 | 2.72% | $203,301 | 6.84% |
| 2021-11-23 | $1589.69 | 0.14% | $190,288 | 70.88% |
Listed by: Justin Vaughn • Bridge Realty
Mls Name: NTREIS
Mls ID: #20769316
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.
