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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hico at 312 Magnolia St, Hico, TX, 76457 listed at $200,000 pairs $1,790/mo rent with a $979/mo payment to leave $333/mo cash flow. Total monthly income runs $1,790/mo, and annual cash flow reaches $4,000/yr on $66,300 cash to close. Return on cash invested measures 25.94% in year one, and rental yield registers 10.74% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 136.68% and total cumulative return in cash totals $90,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,790/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,299 (59.3%) |
| Renter Occupied HU | 406 (18.5%) |
| Vacant Housing Units | 484 (22.1%) |
| Median Home Value | $260,659 |
| Average Home Value | $374,378 |
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Listed for sale | $200,000 |
| 2023-11-22 | Listing removed | N/A |
| 2023-07-25 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $243,132 | 20.00% |
| 2023-02-13 | $3732.28 | -9.76% | $202,610 | -2.51% |
| 2022-02-13 | $4135.73 | 23.03% | $207,820 | 39.84% |
Listed by: Larinda Ray • LARINDA RAY REALTY TEAM
Mls Name: NTREIS
Mls ID: #20798019
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
