309 Glendale AveHendersonTX75654
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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
Investment property for sale in Henderson at 309 Glendale Ave, Henderson, TX, 75654 with 5% annual appreciation on a $159,900 basis while $1,770/mo rent supports operations. Total monthly income totals $1,770/mo and a $783/mo payment preserves $633/mo for cash returns. Annual cash flow comes to $7,591/yr on $53,007 deployed, and return on cash invested reaches 34.23% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 13.28%. Five-year ROI measures 180.87% and total cumulative return in cash totals $95,874.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,770/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
0.30 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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