608 Sandy Creek DrHemphillTX75948
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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
Rental property for sale in Hemphill at 608 Sandy Creek Dr, Hemphill, TX, 75948 offers $1,244/mo rent that, after a $1,610/mo payment. Total monthly income is $1,244/mo. Return on cash invested measures 7.79% in year one, and rental yield stands at 4.54% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 39.11% and total cumulative return in cash reaches $42,657. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,244/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.71 Acres lot
$N/A/sqft
$75 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75948, Hemphill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,133 (100%) |
| Owner Occupied HU | 2,405 (46.9%) |
| Renter Occupied HU | 357 ( 7.0%) |
| Vacant Housing Units | 2,371 (46.2%) |
| Median Home Value | $223,169 |
| Average Home Value | $281,982 |
Housing Distribution
Address Breakdown
Residential
3,413
Single Family
3,413
Multi-Family
0
Businesses
324
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Listed by: Candace Garza • Superior Realty and Investments
Mls Name: LAR
Mls Provider:
Mls ID: #5101262
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.