305 Saddle Brook CirHallsvilleTX75650
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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 Hallsville at 305 Saddle Brook Cir, Hallsville, TX, 75650 priced at $464,990 pairs $4,692/mo rent with $1,369/mo cash flow after a $2,276/mo payment. Total monthly income equals $4,692/mo, and annual cash flow comes to $16,423/yr on $154,144 invested. Return on cash invested is 30.56% in year one, and rental yield stands at 12.11% on a $464,990 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,468 by year five. Five-year ROI measures 161.23% and total cumulative return in cash reaches $248,528. For financing, Ziffy Mortgage’s DSCR program evaluates $4,692/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.64 Acres lot
$N/A/sqft
$200 annually 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: Kylie R Hicks • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20240075
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.