307 N Main StHendersonTX75652
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 N Main St, Henderson, TX, 75652 offers $2,263/mo rent that, after a $1,346/mo payment, leaves $309/mo cash flow. Total monthly income is $2,263/mo, and annual cash flow is $3,704/yr on $91,129 cash. Return on cash invested measures 23.97% in year one, and rental yield stands at 9.88% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 125.85% and total cumulative return in cash reaches $114,687. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,263/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75652, Henderson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,338 (100%) |
| Owner Occupied HU | 3,277 (61.4%) |
| Renter Occupied HU | 1,259 (23.6%) |
| Vacant Housing Units | 802 (15.0%) |
| Median Home Value | $219,671 |
| Average Home Value | $297,007 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,104
Multi-Family
330
Businesses
456
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