415 McPherson StHughes SpringsTX75656
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 Hughes Springs at 415 McPherson St, Hughes Springs, TX, 75656 with 5% annual appreciation on a $245,900 basis while $1,577/mo rent supports operations. 38% in year one. Equity gained on principal adds $1,587/yr, and five-year appreciation sums $67,938 alongside rental yield of 7.7%. Five-year ROI measures 90.45% and total cumulative return in cash totals $73,735. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,577/mo property income versus a $1,204/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75656, Hughes Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 1,295 (61.2%) |
| Renter Occupied HU | 499 (23.6%) |
| Vacant Housing Units | 323 (15.3%) |
| Median Home Value | $146,136 |
| Average Home Value | $352,147 |
Housing Distribution
Address Breakdown
Residential
1,752
Single Family
1,648
Multi-Family
104
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse R Moore • Mayben Realty, LLC
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20243888
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.