59 Wallace RdHuntsvilleTX77320
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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 Huntsville at 59 Wallace Rd, Huntsville, TX, 77320 offers a 9.18% rental yield on a $130,000 purchase with $995/mo rent. Total monthly income registers $995/mo, and a $636/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $850/yr on $43,095 to close, and return on cash invested stands at 21.88% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 114.65% and total cumulative return in cash at $49,407. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $995/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77320, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 7,462 (55.5%) |
| Renter Occupied HU | 3,750 (27.9%) |
| Vacant Housing Units | 2,222 (16.5%) |
| Median Home Value | $226,619 |
| Average Home Value | $243,937 |
Housing Distribution
Address Breakdown
Residential
11,531
Single Family
10,082
Multi-Family
1,449
Businesses
397
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Listed by: Glendys Hampton • JLA Realty
Mls Name: HAR
Mls ID: #80469284