415 S Hendrickson StGoldsmithTX79741
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 Goldsmith at 415 S Hendrickson St, Goldsmith, TX, 79741 offers a 9.62% rental yield on a $169,900 purchase with $1,362/mo rent. Total monthly income registers $1,362/mo, and a $832/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,841/yr on $56,322 to close, and return on cash invested stands at 23.18% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 121.64% and total cumulative return in cash at $68,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,362/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79741, Goldsmith, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 213 (100%) |
| Owner Occupied HU | 125 (58.7%) |
| Renter Occupied HU | 33 (15.5%) |
| Vacant Housing Units | 55 (25.8%) |
| Median Home Value | $154,688 |
| Average Home Value | $198,840 |
Housing Distribution
Address Breakdown
Residential
40
Single Family
40
Multi-Family
0
Businesses
29
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