584 COUNTY ROAD 511 LOT 7D HanisTX78850
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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 D Hanis at 584 COUNTY ROAD 511 LOT 7, D Hanis, TX, 78850 uses $46,410 cash to close to unlock $9,584/yr annual cash flow and $799/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $685/mo payment keeps the spread at $799/mo. Purchase price stands at $140,000, and rental yield measures 15.38% with $1,794/mo rent. Return on cash invested shows 40.56% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 214.84% and total cumulative return in cash records $99,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $685/mo payment rather than investor’s personal income.
Lot
Built in N/A
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78850, D Hanis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 610 (100%) |
| Owner Occupied HU | 383 (62.8%) |
| Renter Occupied HU | 92 (15.1%) |
| Vacant Housing Units | 135 (22.1%) |
| Median Home Value | $327,632 |
| Average Home Value | $403,303 |
Housing Distribution
Address Breakdown
Residential
145
Single Family
145
Multi-Family
0
Businesses
41
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Listed by: Stephen Long • Long Properties
Mls Name: SABOR
Mls Provider:
Mls ID: #1777430
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.