401 S Hillcrest AveEastlandTX76448
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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 Eastland at 401 S Hillcrest Ave, Eastland, TX, 76448 priced at $257,000 converts $1,767/mo rent into after a $1,258/mo obligation. Total monthly income equals $1,767/mo. Return on cash invested prints 19.05% in year one, and rental yield reads 8.25% against a $257,000 entry. Equity gained on principal adds $1,658/yr, while 5% annual appreciation compiles into $71,004 by year five. Five-year ROI reaches 99.51% and total cumulative return in cash sums $84,780. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,767/mo property income covering a $1,258/mo payment, not borrower’s personal income.
Single Family
Built in 1939
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76448, Eastland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 1,776 (57.3%) |
| Renter Occupied HU | 655 (21.1%) |
| Vacant Housing Units | 670 (21.6%) |
| Median Home Value | $203,516 |
| Average Home Value | $262,323 |
Housing Distribution
Address Breakdown
Residential
2,528
Single Family
2,241
Multi-Family
287
Businesses
387
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