408 N Cage StHamiltonTX76531
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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 Hamilton at 408 N Cage St, Hamilton, TX, 76531 earns $604/mo cash flow from $1,422/mo rent with a $563/mo payment. Total monthly income totals $1,422/mo, and annual cash flow totals $7,249/yr on $38,123 capital. ROI tracks 38.92% on current figures, and rental yield reads 14.84% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 206.17% and total cumulative return in cash sums $78,597. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,422/mo property income instead of your personal income.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76531, Hamilton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,491 (59.7%) |
| Renter Occupied HU | 527 (21.1%) |
| Vacant Housing Units | 481 (19.2%) |
| Median Home Value | $149,523 |
| Average Home Value | $285,812 |
Housing Distribution
Address Breakdown
Residential
2,081
Single Family
2,081
Multi-Family
0
Businesses
305
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