513 Hickory Ridge DrVan AlstyneTX75495
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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 Van Alstyne at 513 Hickory Ridge Dr, Van Alstyne, TX, 75495 earns $255/mo cash flow from $3,036/mo rent with a $1,874/mo payment. Total monthly income totals $3,036/mo, and annual cash flow totals $3,061/yr on $126,906 capital. ROI tracks 22.32% on current figures, and rental yield reads 9.52% at a $382,825 purchase. Equity gained on principal adds $2,470/yr, and 5% annual appreciation supports $105,767 over five years. Five-year ROI reaches 117.21% and total cumulative return in cash sums $148,752. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,036/mo property income instead of your personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75495, Van Alstyne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 4,241 (80.0%) |
| Renter Occupied HU | 712 (13.4%) |
| Vacant Housing Units | 350 ( 6.6%) |
| Median Home Value | $387,546 |
| Average Home Value | $443,015 |
Housing Distribution
Address Breakdown
Residential
4,656
Single Family
4,253
Multi-Family
403
Businesses
355
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Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20833120
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.