603 Barkley DrHamiltonTX76531
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hamilton at 603 Barkley Dr, Hamilton, TX, 76531 generates $1,940/mo in rent and, after a $979/mo payment, leaves $518/mo in cash flow. Total monthly income is $1,940/mo, and annual cash flow is $6,212/yr on $66,300 invested. Return on cash invested sits at 29.28% in year one, and rental yield is 11.64% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 154.31% and total cumulative return in cash sums $102,308. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76531, Hamilton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,491 (59.7%) |
| Renter Occupied HU | 527 (21.1%) |
| Vacant Housing Units | 481 (19.2%) |
| Median Home Value | $149,523 |
| Average Home Value | $285,812 |
Housing Distribution
Address Breakdown
Residential
2,081
Single Family
2,081
Multi-Family
0
Businesses
305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices