601 NE 3rd St, Hubbard, TX, 76648 | $167/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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601 NE 3rd St, Hubbard, TX, 76648 | $167/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hubbard at 601 NE 3rd St, Hubbard, TX, 76648 offers a 9.16% rental yield on a $320,000 purchase with $2,442/mo rent. Total monthly income registers $2,442/mo, and a $1,566/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,000/yr on $106,080 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 114.15% and total cumulative return in cash at $121,095. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,442/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

1 Acres lot

$N/A/sqft

No HOA

More details about the property

4/3 home located on 3 lots: 601, 603, and 605. 601 features the house, with a two car carport, a 6 wood privacy fence, an above ground pool, a trampoline, and a small Morgan storage building, plenty of shade from the beautiful crepe Myrtles and pecan trees, and a luscious St. Augustine lawn. 603 features a 12x12 Lelands playhouse, and a seesaw with plenty of shade and a luscious St. Augustine lawn. 605 features a 10x40 metal building with a roll up door and a walk through door on a concrete slab with electricity. This lot also features a culvert to accommodate the driveway, a walkway that consists of concrete pavers and river rock, a section chain link fence to separate from the neighbors. It also has a luscious St. Augustine lawn, and plenty of shade with pecan trees, in a quiet neighborhood, with amazing neighbors. This property is also located within walking distance of a new very well equipped gym, new indoor batting cages, a specialty clinic, a physical therapist clinic, a hardware store, and an auto parts store.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76648, Hubbard, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,172 (100%)
Owner Occupied HU	742 (63.3%)
Renter Occupied HU	241 (20.6%)
Vacant Housing Units	189 (16.1%)
Median Home Value	$150,000
Average Home Value	$198,881