318 NW Avenue AHamlinTX79520
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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 Hamlin at 318 NW Avenue A, Hamlin, TX, 79520 uses $61,493 cash to close to unlock $8,542/yr annual cash flow and $712/mo monthly cash flow. Total monthly income runs $2,031/mo, and a $908/mo payment keeps the spread at $712/mo. Purchase price stands at $185,500, and rental yield measures 13.14% with $2,031/mo rent. Return on cash invested shows 33.8% in year one, and 5% annual appreciation builds toward $51,250 over five years. Five-year ROI reaches 178.56% and total cumulative return in cash records $109,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,031/mo property income covering a $908/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79520, Hamlin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 638 (55.0%) |
| Renter Occupied HU | 201 (17.3%) |
| Vacant Housing Units | 321 (27.7%) |
| Median Home Value | $62,703 |
| Average Home Value | $94,126 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
133
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