309 E Hillcrest StWhite OakTX75693
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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 White Oak at 309 E Hillcrest St, White Oak, TX, 75693 offers $2,107/mo rent that, after a $1,385/mo payment, leaves $95/mo cash flow. Total monthly income is $2,107/mo, and annual cash flow is $1,136/yr on $93,815 cash. Return on cash invested measures 21.12% in year one, and rental yield stands at 8.93% at a $283,000 entry. Equity gained on principal adds $1,826/yr while 5% annual appreciation compounds into $78,188 by year five. Five-year ROI records 110.56% and total cumulative return in cash reaches $103,719. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,107/mo property income versus a $1,385/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75693, White Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,509 (100%) |
| Owner Occupied HU | 1,610 (64.2%) |
| Renter Occupied HU | 663 (26.4%) |
| Vacant Housing Units | 236 ( 9.4%) |
| Median Home Value | $241,549 |
| Average Home Value | $242,748 |
Housing Distribution
Address Breakdown
Residential
2,412
Single Family
2,412
Multi-Family
0
Businesses
279
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