441 Nelson RdHallsvilleTX75650
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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 $2,401/mo, and a $1,953/mo payment. Purchase price stands at $399,000, and rental yield measures 7.22% with $2,401/mo rent. Return on cash invested shows 15.95% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 82.82% and total cumulative return in cash records $109,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,401/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1978
10.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75650, Hallsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,658 (67.7%) |
| Renter Occupied HU | 979 (24.9%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $306,281 |
| Average Home Value | $328,313 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,936
Multi-Family
96
Businesses
238
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Listed by: Jesse C Robertson • Ready Real Estate LLC
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20246403
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.