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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 315 Hill St, Hico, TX, 76457 uses $49,394 cash to close to unlock $7,581/yr annual cash flow and $632/mo monthly cash flow. Total monthly income runs $1,691/mo, and a $729/mo payment keeps the spread at $632/mo. Purchase price stands at $149,000, and rental yield measures 13.62% with $1,691/mo rent. Return on cash invested shows 35.26% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 186.35% and total cumulative return in cash records $92,044. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1935
0.32 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 |
|---|---|---|
| 2024-08-06 | Price change | $149,000 |
| 2024-07-11 | Listed for sale | $159,900 |
| 2023-07-19 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $701.62 | 3.39% | $103,833 | 10.00% |
| 2022-08-15 | $678.62 | -8.19% | $94,394 | 10.00% |
| 2021-08-15 | $739.17 | 0.83% | $85,813 | 10.00% |
Listed by: Christi Black • BLACK REAL ESTATE, LLC
Mls Name: NTREIS
Mls ID: #20671715
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.
