317 County Road 2109Hughes SpringsTX75656
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
Total monthly income runs $1,956/mo, and a $1,394/mo payment. Purchase price stands at $284,900, and rental yield measures 8.24% with $1,956/mo rent. Return on cash invested shows 19.03% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 99.33% and total cumulative return in cash records $93,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,956/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75656, Hughes Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 1,295 (61.2%) |
| Renter Occupied HU | 499 (23.6%) |
| Vacant Housing Units | 323 (15.3%) |
| Median Home Value | $146,136 |
| Average Home Value | $352,147 |
Housing Distribution
Address Breakdown
Residential
1,752
Single Family
1,648
Multi-Family
104
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bree Shimpock • Texas Real Estate Executives, The Daniels Group - Gilmer
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20247196
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.