415 N Ikard StHenriettaTX76365
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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 Henrietta at 415 N Ikard St, Henrietta, TX, 76365 priced at $230,000 converts $666/mo rent into after a $1,126/mo obligation. Total monthly income equals $666/mo. Return on cash invested prints 4.64% in year one, and rental yield reads 3.47% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 22.23% and total cumulative return in cash sums $16,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $666/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.34 Acres 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: Penny Riordan • Anchored Realty
Mls Name: NTREIS
Mls ID: #20869874
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.