291 Redbud AveHallsvilleTX75650
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
Investment property for sale in Hallsville at 291 Redbud Ave, Hallsville, TX, 75650 earns $136/mo cash flow from $1,836/mo rent with a $1,170/mo payment. Total monthly income totals $1,836/mo, and annual cash flow totals $1,635/yr on $79,229 capital. ROI tracks 21.97% on current figures, and rental yield reads 9.22% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 115.17% and total cumulative return in cash sums $91,248. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,836/mo property income instead of your personal income.
Manufactured
Built in 2012
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75650, Hallsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,658 (67.7%) |
| Renter Occupied HU | 979 (24.9%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $306,281 |
| Average Home Value | $328,313 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,936
Multi-Family
96
Businesses
238
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Listed by: Laney Wootten • Epique Realty LLC
Mls Name: LGVBOARD
Mls ID: #20260259