505 N Evenside AveHendersonTX75652
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 Henderson at 505 N Evenside Ave, Henderson, TX, 75652 listed at $104,900 pairs $862/mo rent with a $513/mo payment to leave $114/mo cash flow. Total monthly income runs $862/mo, and annual cash flow reaches $1,369/yr on $34,774 cash to close. Return on cash invested measures 23.85% in year one, and rental yield registers 9.86% at a $104,900 basis. Equity gained on principal adds $677/yr, and annual property appreciation at 5% supports $28,982 by year five. Five-year ROI tracks 125.32% and total cumulative return in cash totals $43,578. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $862/mo property income relative to a $513/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
