502 E Houston AveCrockettTX75835
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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
Investment property for sale in Crockett at 502 E Houston Ave, Crockett, TX, 75835 with 5% annual appreciation on a $339,000 basis while $6,041/mo rent supports operations. Total monthly income totals $6,041/mo and a $1,659/mo payment preserves $3,631/mo for cash returns. Annual cash flow comes to $43,567/yr on $112,379 deployed, and return on cash invested reaches 58.68% in year one. Equity gained on principal adds $2,188/yr, and five-year appreciation sums $93,659 alongside rental yield of 21.38%. Five-year ROI measures 311.95% and total cumulative return in cash totals $350,560.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,041/mo property income versus a $1,659/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
3,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75835, Crockett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,006 (100%) |
| Owner Occupied HU | 3,190 (53.1%) |
| Renter Occupied HU | 1,508 (25.1%) |
| Vacant Housing Units | 1,308 (21.8%) |
| Median Home Value | $200,585 |
| Average Home Value | $267,114 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,796
Multi-Family
233
Businesses
585
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Listed by: Michael Furman • Re/Max Platinum
Mls Name: HAR
Mls Provider:
Mls ID: #82037082
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