408 W 5th StHale CenterTX79041
Nearby investment properties with comparable rents
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
Investment property for sale in Hale Center at 408 W 5th St, Hale Center, TX, 79041 uses $34,808 cash to close to unlock $915/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $823/mo, and a $514/mo payment keeps the spread at $76/mo. Purchase price stands at $105,000, and rental yield measures 9.41% with $823/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 118.26% and total cumulative return in cash records $41,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $823/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1975
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79041, Hale Center, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 738 (57.0%) |
| Renter Occupied HU | 336 (26.0%) |
| Vacant Housing Units | 220 (17.0%) |
| Median Home Value | $117,066 |
| Average Home Value | $152,801 |
Housing Distribution
Address Breakdown
Residential
392
Single Family
392
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Brunson • Street Real Estate
Mls Name: Plainview AOR
Mls ID: #25-229