310 Confederate DrHemphillTX75948
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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
Investment property for sale in Hemphill at 310 Confederate Dr, Hemphill, TX, 75948 offers a 10.4% rental yield on a $360,000 purchase with $3,119/mo rent. Total monthly income registers $3,119/mo, and a $1,762/mo payment leaves $558/mo available for distribution. Annual cash flow reaches $6,696/yr on $119,340 to close, and return on cash invested stands at 25.52% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 134.13% and total cumulative return in cash at $160,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,119/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.27 Acres lot
$N/A/sqft
$12 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75948, Hemphill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,133 (100%) |
| Owner Occupied HU | 2,405 (46.9%) |
| Renter Occupied HU | 357 ( 7.0%) |
| Vacant Housing Units | 2,371 (46.2%) |
| Median Home Value | $223,169 |
| Average Home Value | $281,982 |
Housing Distribution
Address Breakdown
Residential
3,413
Single Family
3,413
Multi-Family
0
Businesses
324
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Listed by: Michael Greiner • My Castle Realty
Mls Name: HAR
Mls Provider:
Mls ID: #56837013
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