460 Hickory StVanTX75790
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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 Van at 460 Hickory St, Van, TX, 75790 priced at $210,000 converts $1,938/mo rent into $445/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,938/mo, and annual cash flow totals $5,334/yr on $69,615 invested. Return on cash invested prints 27.57% in year one, and rental yield reads 11.07% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 145.18% and total cumulative return in cash sums $101,068. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,938/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75790, Van, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,289 (66.8%) |
| Renter Occupied HU | 454 (23.5%) |
| Vacant Housing Units | 186 ( 9.6%) |
| Median Home Value | $211,752 |
| Average Home Value | $270,403 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
235
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