505 Hereford StGlen RoseTX76043
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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 Glen Rose at 505 Hereford St, Glen Rose, TX, 76043 listed at $314,900 pairs $1,620/mo rent with a $1,541/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 12.79% in year one, and rental yield registers 6.17% at a $314,900 basis. Equity gained on principal adds $2,032/yr, and annual property appreciation at 5% supports $87,001 by year five. Five-year ROI tracks 65.88% and total cumulative return in cash totals $68,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76043, Glen Rose, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,151 (100%) |
| Owner Occupied HU | 2,163 (68.6%) |
| Renter Occupied HU | 613 (19.5%) |
| Vacant Housing Units | 375 (11.9%) |
| Median Home Value | $281,293 |
| Average Home Value | $346,632 |
Housing Distribution
Address Breakdown
Residential
2,308
Single Family
2,269
Multi-Family
39
Businesses
378
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Listed by: Scott Ashford • Scott Ashford Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20980588
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.