400 Main StHooksTX75561
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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 Hooks at 400 Main St, Hooks, TX, 75561 offers $1,426/mo rent that, after a $732/mo payment, leaves $363/mo cash flow. Total monthly income is $1,426/mo, and annual cash flow is $4,351/yr on $49,559 cash. Return on cash invested measures 28.69% in year one, and rental yield stands at 11.45% at a $149,500 entry. Equity gained on principal adds $965/yr while 5% annual appreciation compounds into $41,304 by year five. Five-year ROI records 151.17% and total cumulative return in cash reaches $74,921. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,426/mo property income versus a $732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75561, Hooks, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,427 (100%) |
| Owner Occupied HU | 1,509 (62.2%) |
| Renter Occupied HU | 605 (24.9%) |
| Vacant Housing Units | 313 (12.9%) |
| Median Home Value | $157,361 |
| Average Home Value | $210,999 |
Housing Distribution
Address Breakdown
Residential
1,914
Single Family
1,914
Multi-Family
0
Businesses
94
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