415 W Fordall StHendersonTX75652
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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 Henderson at 415 W Fordall St, Henderson, TX, 75652 priced at $294,000 pairs $1,935/mo rent with after a $1,439/mo payment. Total monthly income equals $1,935/mo. Return on cash invested is 17.99% in year one, and rental yield stands at 7.9% on a $294,000 basis. Equity gained on principal adds $1,897/yr, and 5% annual appreciation accumulates to $81,227 by year five. Five-year ROI measures 93.8% and total cumulative return in cash reaches $91,416. For financing, Ziffy Mortgage’s DSCR program evaluates $1,935/mo property income against a $1,439/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75652, Henderson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,338 (100%) |
| Owner Occupied HU | 3,277 (61.4%) |
| Renter Occupied HU | 1,259 (23.6%) |
| Vacant Housing Units | 802 (15.0%) |
| Median Home Value | $219,671 |
| Average Home Value | $297,007 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,104
Multi-Family
330
Businesses
456
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