502 Hillcrest StHughes SpringsTX75656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hughes Springs at 502 Hillcrest St, Hughes Springs, TX, 75656 offers a 2.57% rental yield on a $326,300 purchase with $700/mo rent. 93% in year one. Equity gained on principal adds $2,106/yr while 5% annual appreciation supports $90,151 over five years. Portfolio math shows five-year ROI at 7.67% and total cumulative return in cash at $8,293. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $700/mo property income against a $1,597/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
7.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75656, Hughes Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 1,295 (61.2%) |
| Renter Occupied HU | 499 (23.6%) |
| Vacant Housing Units | 323 (15.3%) |
| Median Home Value | $146,136 |
| Average Home Value | $352,147 |
Housing Distribution
Address Breakdown
Residential
1,752
Single Family
1,648
Multi-Family
104
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Barley • River Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #10139786
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.