317 Private Road 2482HicoTX76457
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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
Investment property for sale in Hico at 317 Private Road 2482, Hico, TX, 76457 offers a 5.74% rental yield on a $575,000 purchase with $2,749/mo rent. 56% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 59.28% and total cumulative return in cash at $112,151. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,749/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
24.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
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