315 Saddle Brook CirHallsvilleTX75650
Nearby investment properties with comparable rents
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
Rental property for sale in Hallsville at 315 Saddle Brook Cir, Hallsville, TX, 75650 generates $4,700/mo in rent and, after a $2,291/mo payment, leaves $1,355/mo in cash flow. Total monthly income is $4,700/mo, and annual cash flow is $16,259/yr on $155,139 invested. Return on cash invested sits at 30.39% in year one, and rental yield is 12.05% on a $467,990 entry. Equity gained on principal adds $3,020/yr, while 5% annual appreciation builds toward $129,297 over five years. Five-year ROI reaches 160.29% and total cumulative return in cash sums $248,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,700/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75650, Hallsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,658 (67.7%) |
| Renter Occupied HU | 979 (24.9%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $306,281 |
| Average Home Value | $328,313 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,936
Multi-Family
96
Businesses
238
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Nearby investment properties with comparable prices
Listed by: Kylie R Hicks • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20244115
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.