297 Cave Springs DrHuntTX78024
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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 Hunt at 297 Cave Springs Dr, Hunt, TX, 78024 priced at $545,000 pairs $1,800/mo rent with after a $2,668/mo payment. Total monthly income equals $1,800/mo. Return on cash invested is 6.11% in year one, and rental yield stands at 3.96% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 30.06% and total cumulative return in cash reaches $53,904. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.91 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78024, Hunt, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 653 (100%) |
| Owner Occupied HU | 358 (54.8%) |
| Renter Occupied HU | 78 (11.9%) |
| Vacant Housing Units | 217 (33.2%) |
| Median Home Value | $512,097 |
| Average Home Value | $737,933 |
Housing Distribution
Address Breakdown
Residential
256
Single Family
256
Multi-Family
0
Businesses
62
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