614 E Spruce StHuntingtonTX75949
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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 Huntington at 614 E Spruce St, Huntington, TX, 75949 at $115,000 posts ROI 22.05% with $68/mo cash flow from $886/mo rent. Total monthly income equals $886/mo, and annual cash flow records $817/yr on $38,123 to close. Return on cash invested measures 22.05% and rental yield reads 9.25% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 115.67% and total cumulative return in cash totals $44,097.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $886/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75949, Huntington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,913 (100%) |
| Owner Occupied HU | 2,648 (67.7%) |
| Renter Occupied HU | 650 (16.6%) |
| Vacant Housing Units | 615 (15.7%) |
| Median Home Value | $158,618 |
| Average Home Value | $208,204 |
Housing Distribution
Address Breakdown
Residential
3,259
Single Family
3,220
Multi-Family
39
Businesses
148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Tami Jones • American Real Estate - ERA Powered
Mls Name: LAR
Mls ID: #5106291