423 Hcr #1439CovingtonTX76636
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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
Total monthly income runs $3,686/mo, and a $4,160/mo payment. Purchase price stands at $849,900, and rental yield measures 5.2% with $3,686/mo rent. Return on cash invested shows 9.94% in year one, and 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 50.59% and total cumulative return in cash records $141,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,686/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 2014
12.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76636, Covington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 526 (74.2%) |
| Renter Occupied HU | 89 (12.6%) |
| Vacant Housing Units | 94 (13.3%) |
| Median Home Value | $264,130 |
| Average Home Value | $354,254 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
40
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