536 Hcr 3244PenelopeTX76676
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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
Rental property for sale in Penelope at 536 Hcr 3244, Penelope, TX, 76676 generates $1,390/mo in rent, after a $5,262/mo payment. Total monthly income is $1,390/mo. Return on cash invested sits at -1.18% in year one, and rental yield is 1.55% on a $1,075,000 entry. Equity gained on principal adds $6,937/yr, while 5% annual appreciation builds toward $297,003 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,390/mo property income rather than buyer’s personal income.
Single Family
Built in 1902
92.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76676, Penelope, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 215 (71.7%) |
| Renter Occupied HU | 50 (16.7%) |
| Vacant Housing Units | 35 (11.7%) |
| Median Home Value | $208,750 |
| Average Home Value | $283,628 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
121
Multi-Family
0
Businesses
10
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Listed by: Jamie Siddons • Julie Siddons REALTORS, LLC
Mls Name: NTREIS
Mls ID: #20950153
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.