381 Knollwood LnHawkinsTX75765
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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 Hawkins at 381 Knollwood Ln, Hawkins, TX, 75765 uses $76,245 cash to close to unlock $1,958/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $1,799/mo, and a $1,126/mo payment keeps the spread at $163/mo. Purchase price stands at $230,000, and rental yield measures 9.39% with $1,799/mo rent. Return on cash invested shows 22.48% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 117.88% and total cumulative return in cash records $89,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,799/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75765, Hawkins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,373 (100%) |
| Owner Occupied HU | 3,017 (69.0%) |
| Renter Occupied HU | 576 (13.2%) |
| Vacant Housing Units | 780 (17.8%) |
| Median Home Value | $248,059 |
| Average Home Value | $312,587 |
Housing Distribution
Address Breakdown
Residential
3,676
Single Family
3,676
Multi-Family
0
Businesses
215
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