328 Hodge StSulphur SpringsTX75482
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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
Rental property for sale in Sulphur Springs at 328 Hodge St, Sulphur Springs, TX, 75482 offers $1,954/mo rent that, after a $1,077/mo payment, leaves $389/mo cash flow. Total monthly income is $1,954/mo, and annual cash flow is $4,672/yr on $72,930 cash. Return on cash invested measures 26.32% in year one, and rental yield stands at 10.66% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 138.43% and total cumulative return in cash reaches $100,955. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,954/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75482, Sulphur Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,363 (100%) |
| Owner Occupied HU | 6,608 (58.2%) |
| Renter Occupied HU | 3,637 (32.0%) |
| Vacant Housing Units | 1,118 ( 9.8%) |
| Median Home Value | $246,201 |
| Average Home Value | $326,051 |
Housing Distribution
Address Breakdown
Residential
11,169
Single Family
9,717
Multi-Family
1,452
Businesses
1,025
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Listed by: Janet Martin • Janet Martin Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24008523
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.