604 Highway 82New BostonTX75570
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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 New Boston at 604 Highway 82, New Boston, TX, 75570 uses $49,394 cash to close to unlock $3,189/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $1,325/mo, and a $729/mo payment keeps the spread at $266/mo. Purchase price stands at $149,000, and rental yield measures 10.67% with $1,325/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 138.66% and total cumulative return in cash records $68,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,325/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,377 (61.0%) |
| Renter Occupied HU | 1,165 (29.9%) |
| Vacant Housing Units | 353 ( 9.1%) |
| Median Home Value | $199,907 |
| Average Home Value | $219,324 |
Housing Distribution
Address Breakdown
Residential
3,675
Single Family
3,585
Multi-Family
90
Businesses
366
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Listed by: Steven L Mcgowen • Gerald Haire Realty
Mls Name: TMLS
Mls ID: #115474