407 1st StHutchinsTX75141
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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 Hutchins at 407 1st St, Hutchins, TX, 75141 offers $2,533/mo rent that, after a $685/mo payment, leaves $1,538/mo cash flow. Total monthly income is $2,533/mo, and annual cash flow is $18,455/yr on $46,377 cash. Return on cash invested measures 59.7% in year one, and rental yield stands at 21.73% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 317.44% and total cumulative return in cash reaches $147,219. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,533/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75141, Hutchins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,862 (100%) |
| Owner Occupied HU | 1,142 (61.3%) |
| Renter Occupied HU | 649 (34.9%) |
| Vacant Housing Units | 71 ( 3.8%) |
| Median Home Value | $112,871 |
| Average Home Value | $195,557 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,570
Multi-Family
334
Businesses
227
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Listed by: Sherry Flewellen • Allison James Estates & Homes
Mls Name: NTREIS
Mls ID: #20718761
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.