608 Pinehill RdHendersonTX75654
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 Henderson at 608 Pinehill Rd, Henderson, TX, 75654 priced at $859,000 pairs $7,099/mo rent with $991/mo cash flow after a $4,204/mo payment. Total monthly income equals $7,099/mo, and annual cash flow comes to $11,891/yr on $282,611 invested. Return on cash invested is 24.27% in year one, and rental yield stands at 9.92% on a $859,000 basis. Equity gained on principal adds $5,543/yr, and 5% annual appreciation accumulates to $237,326 by year five. Five-year ROI measures 127.39% and total cumulative return in cash reaches $360,027. For financing, Ziffy Mortgage’s DSCR program evaluates $7,099/mo property income against a $4,204/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
6.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75654, Henderson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,577 (100%) |
| Owner Occupied HU | 3,808 (68.3%) |
| Renter Occupied HU | 1,126 (20.2%) |
| Vacant Housing Units | 643 (11.5%) |
| Median Home Value | $183,038 |
| Average Home Value | $238,192 |
Housing Distribution
Address Breakdown
Residential
5,213
Single Family
4,844
Multi-Family
369
Businesses
271
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Listed by: Benjamin Wooten • Coldwell Banker Home Place-Henderson
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24007705
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.