401 Hazeltine RdRed OakTX75154
Nearby investment properties with comparable rents
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
Rental property for sale in Red Oak at 401 Hazeltine Rd, Red Oak, TX, 75154 offers $3,301/mo rent that, after a $1,762/mo payment, leaves $724/mo cash flow. Total monthly income is $3,301/mo, and annual cash flow is $8,692/yr on $119,337 cash. Return on cash invested measures 27.19% in year one, and rental yield stands at 11% at a $359,990 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,459 by year five. Five-year ROI records 143.2% and total cumulative return in cash reaches $170,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,301/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,490 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20763539
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.