501 E Main 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 501 E Main St, Henderson, TX, 75652 priced at $598,900 converts $4,572/mo rent into $313/mo cash flow after a $2,931/mo obligation. Total monthly income equals $4,572/mo, and annual cash flow totals $3,761/yr on $197,038 invested. Return on cash invested prints 21.97% in year one, and rental yield reads 9.16% against a $598,900 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,465 by year five. Five-year ROI reaches 115.08% and total cumulative return in cash sums $226,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,572/mo property income covering a $2,931/mo payment, not borrower’s personal income.
Single Family
Built in 1930
2.10 Acres 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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