421 E Walnut StHillsboroTX76645
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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 Hillsboro at 421 E Walnut St, Hillsboro, TX, 76645 priced at $269,000 converts $2,552/mo rent into $639/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,552/mo, and annual cash flow totals $7,665/yr on $89,174 invested. Return on cash invested prints 28.5% in year one, and rental yield reads 11.38% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 150.14% and total cumulative return in cash sums $133,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,552/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Housing Distribution
Address Breakdown
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
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Listed by: Paloma Montes • White Label Realty
Mls Name: NTREIS
Mls ID: #20698939
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.