414 E Spring StHenriettaTX76365
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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 Henrietta at 414 E Spring St, Henrietta, TX, 76365 priced at $176,000 pairs $666/mo rent with after a $861/mo payment. Total monthly income equals $666/mo. Return on cash invested is 7.87% in year one, and rental yield stands at 4.54% on a $176,000 basis. Equity gained on principal adds $1,136/yr, and 5% annual appreciation accumulates to $48,626 by year five. Five-year ROI measures 39.48% and total cumulative return in cash reaches $23,037. For financing, Ziffy Mortgage’s DSCR program evaluates $666/mo property income against a $861/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76365, Henrietta, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,557 (100%) |
| Owner Occupied HU | 1,604 (62.7%) |
| Renter Occupied HU | 453 (17.7%) |
| Vacant Housing Units | 500 (19.6%) |
| Median Home Value | $148,897 |
| Average Home Value | $210,296 |
Housing Distribution
Address Breakdown
Residential
2,208
Single Family
2,110
Multi-Family
98
Businesses
160
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Listed by: David Bowles • Team Legacy Realty
Mls Name: WFAR
Mls Provider:
Mls ID: #179131
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