3647 County Road 240HarwoodTX78632
Nearby investment properties with comparable rents
- 2 Bed
- 1 Bath
- 1453 sft
- 2 Bed
- 3 Bath
- 1050 sft
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 $1,411/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 5.21% with $1,411/mo rent. Return on cash invested shows 9.88% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 50.27% and total cumulative return in cash records $54,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,411/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2022
22.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78632, Harwood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 353 (64.5%) |
| Renter Occupied HU | 57 (10.4%) |
| Vacant Housing Units | 137 (25.0%) |
| Median Home Value | $260,547 |
| Average Home Value | $323,449 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
424
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
- 2 Bed
- 1 Bath
- 1453 sft
- 2 Bed
- 3 Bath
- 1050 sft
Nearby investment properties with comparable prices
Listed by: Corey Fox • Legacy Home & Ranch Realty
Mls Name: HAR
Mls Provider:
Mls ID: #65688872
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