415 Bayshore DrHemphillTX75948
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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
Rental property for sale in Hemphill at 415 Bayshore Dr, Hemphill, TX, 75948 priced at $431,200 pairs $2,188/mo rent with after a $2,111/mo payment. Total monthly income equals $2,188/mo. Return on cash invested is 12.53% in year one, and rental yield stands at 6.09% on a $431,200 basis. Equity gained on principal adds $2,782/yr, and 5% annual appreciation accumulates to $119,133 by year five. Five-year ROI measures 64.52% and total cumulative return in cash reaches $92,227. For financing, Ziffy Mortgage’s DSCR program evaluates $2,188/mo property income against a $2,111/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75948, Hemphill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,133 (100%) |
| Owner Occupied HU | 2,405 (46.9%) |
| Renter Occupied HU | 357 ( 7.0%) |
| Vacant Housing Units | 2,371 (46.2%) |
| Median Home Value | $223,169 |
| Average Home Value | $281,982 |
Housing Distribution
Address Breakdown
Residential
3,413
Single Family
3,413
Multi-Family
0
Businesses
324
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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