319 Wallace RdHankamerTX77560
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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 Hankamer at 319 Wallace Rd, Hankamer, TX, 77560 offers $3,362/mo rent that, after a $9,789/mo payment. Total monthly income is $3,362/mo. Return on cash invested measures 0.26% in year one, and rental yield stands at 2.02% at a $1,999,999 entry. Equity gained on principal adds $12,906/yr while 5% annual appreciation compounds into $552,563 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,362/mo property income versus a $9,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
33.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77560, Hankamer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 415 (100%) |
| Owner Occupied HU | 307 (74.0%) |
| Renter Occupied HU | 60 (14.5%) |
| Vacant Housing Units | 48 (11.6%) |
| Median Home Value | $322,321 |
| Average Home Value | $293,233 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
278
Multi-Family
0
Businesses
23
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Listed by: Lori May • Mary Dunn Real Estate Inc
Mls Name: HAR
Mls Provider:
Mls ID: #25926628
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