402 E Avenue GHooksTX75561
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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 Hooks at 402 E Avenue G, Hooks, TX, 75561 earns $1,485/mo cash flow from $4,322/mo rent with a $1,953/mo payment. Total monthly income totals $4,322/mo, and annual cash flow totals $17,815/yr on $132,269 capital. ROI tracks 33.38% on current figures, and rental yield reads 13% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 176.29% and total cumulative return in cash sums $233,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,322/mo property income instead of your personal income.
Single Family
Built in 1995
0.96 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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