306 E Spruce StHuntingtonTX75949
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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 Huntington at 306 E Spruce St, Huntington, TX, 75949 offers $1,529/mo rent that, after a $636/mo payment, leaves $605/mo cash flow. Total monthly income is $1,529/mo, and annual cash flow is $7,261/yr on $43,062 cash. Return on cash invested measures 36.77% in year one, and rental yield stands at 14.12% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 194.61% and total cumulative return in cash reaches $83,803. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,529/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75949, Huntington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 2,648 (67.7%) |
| Renter Occupied HU | 650 (16.6%) |
| Vacant Housing Units | 615 (15.7%) |
| Median Home Value | $158,618 |
| Average Home Value | $208,204 |
Housing Distribution
Address Breakdown
Residential
3,259
Single Family
3,220
Multi-Family
39
Businesses
148
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Listed by: Twila Bertrand, GRI, MRP, ABR, TAHS • Century 21 Cota Realty
Mls Name: LAR
Mls Provider:
Mls ID: #5101118
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.