38 NW Avenue GHamlinTX79520
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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 Hamlin at 38 NW Avenue G, Hamlin, TX, 79520 generates $1,537/mo in rent and, after a $609/mo payment, leaves $652/mo in cash flow. Total monthly income is $1,537/mo, and annual cash flow is $7,824/yr on $41,272 invested. Return on cash invested sits at 38.87% in year one, and rental yield is 14.81% on a $124,500 entry. Equity gained on principal adds $803/yr, while 5% annual appreciation builds toward $34,397 over five years. Five-year ROI reaches 205.84% and total cumulative return in cash sums $84,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,537/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
10,454 sqft 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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