610 Calvert StHearneTX77859
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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 Hearne at 610 Calvert St, Hearne, TX, 77859 priced at $178,500 converts $1,751/mo rent into $481/mo cash flow after a $874/mo obligation. Total monthly income equals $1,751/mo, and annual cash flow totals $5,776/yr on $59,173 invested. Return on cash invested prints 29.67% in year one, and rental yield reads 11.77% against a $178,500 entry. Equity gained on principal adds $1,152/yr, while 5% annual appreciation compiles into $49,316 by year five. Five-year ROI reaches 156.44% and total cumulative return in cash sums $92,570. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,751/mo property income covering a $874/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77859, Hearne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 2,013 (60.1%) |
| Renter Occupied HU | 855 (25.5%) |
| Vacant Housing Units | 483 (14.4%) |
| Median Home Value | $159,472 |
| Average Home Value | $214,139 |
Housing Distribution
Address Breakdown
Residential
2,974
Single Family
2,876
Multi-Family
98
Businesses
324
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Listed by: Melinda Berlan • White & Associates
Mls Name: BCSMLS
Mls Provider:
Mls ID: #25006577
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.