310 Morningside AveHendersonTX75652
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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 310 Morningside Ave, Henderson, TX, 75652 generates $1,046/mo in rent and, after a $653/mo payment, leaves $97/mo in cash flow. Total monthly income is $1,046/mo, and annual cash flow is $1,165/yr on $44,255 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 9.4% on a $133,500 entry. Equity gained on principal adds $861/yr, while 5% annual appreciation builds toward $36,884 over five years. Five-year ROI reaches 118.3% and total cumulative return in cash sums $52,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,046/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
0.32 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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