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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hico at 550 Private Road 1457, Hico, TX, 76457 generates $4,025/mo in rent, after a $3,671/mo payment. Total monthly income is $4,025/mo. Return on cash invested sits at 13.7% in year one, and rental yield is 6.44% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 70.72% and total cumulative return in cash sums $174,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,025/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
16.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,299 (59.3%) |
| Renter Occupied HU | 406 (18.5%) |
| Vacant Housing Units | 484 (22.1%) |
| Median Home Value | $260,659 |
| Average Home Value | $374,378 |
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
Date | Event | Price |
|---|---|---|
| 2024-11-05 | Listed for sale | $750,000 |
| 2019-01-26 | Sold | N/A |
| 2019-01-17 | Pending sale | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michael Tash • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20771104
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.
