307 Forrest StHendersonTX75654
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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 Henderson at 307 Forrest St, Henderson, TX, 75654 priced at $105,000 converts $814/mo rent into $67/mo cash flow after a $514/mo obligation. Total monthly income equals $814/mo, and annual cash flow totals $807/yr on $34,808 invested. Return on cash invested prints 22.23% in year one, and rental yield reads 9.3% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 116.57% and total cumulative return in cash sums $40,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $814/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75654, Henderson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,577 (100%) |
| Owner Occupied HU | 3,808 (68.3%) |
| Renter Occupied HU | 1,126 (20.2%) |
| Vacant Housing Units | 643 (11.5%) |
| Median Home Value | $183,038 |
| Average Home Value | $238,192 |
Housing Distribution
Address Breakdown
Residential
5,213
Single Family
4,844
Multi-Family
369
Businesses
271
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