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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hico at 40737 Fm 2481, Hico, TX, 76457 offers a 8.32% rental yield on a $325,000 purchase with $2,254/mo rent. 27% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 100.65% and total cumulative return in cash at $108,433. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,254/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
23.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,299 (59.3%) |
| Renter Occupied HU | 406 (18.5%) |
| Vacant Housing Units | 484 (22.1%) |
| Median Home Value | $260,659 |
| Average Home Value | $374,378 |
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
Date | Event | Price |
|---|---|---|
| 2024-11-10 | Listed for sale | $325,000 |
| 2024-11-07 | Contingent | $350,000 |
| 2024-11-01 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-23 | N/A | N/A | $360,940 | 6.33% |
| 2023-11-23 | $99.09 | -1.37% | $339,440 | 67.99% |
| 2022-11-23 | $100.47 | N/A | $202,060 | 42.24% |
Listed by: Jamie Stockstill • Haile & Company Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20768386
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.
