305 N Hall StRichland SpringsTX76871
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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 Richland Springs at 305 N Hall St, Richland Springs, TX, 76871 priced at $239,000 converts $1,217/mo rent into after a $1,170/mo obligation. Total monthly income equals $1,217/mo. Return on cash invested prints 12.6% in year one, and rental yield reads 6.11% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 64.9% and total cumulative return in cash sums $51,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,217/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76871, Richland Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 251 (57.6%) |
| Renter Occupied HU | 42 ( 9.6%) |
| Vacant Housing Units | 143 (32.8%) |
| Median Home Value | $240,972 |
| Average Home Value | $547,231 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
29
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Listed by: Vlado Ruzicka • Ruzicka Real Estate
Mls Name: Unlock MLS
Mls ID: #2492378