615 E Ross StHamiltonTX76531
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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
Total monthly income runs $1,297/mo, and a $969/mo payment. Purchase price stands at $198,000, and rental yield measures 7.86% with $1,297/mo rent. Return on cash invested shows 17.88% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 93.23% and total cumulative return in cash records $61,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,297/mo property income covering a $969/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76531, Hamilton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,491 (59.7%) |
| Renter Occupied HU | 527 (21.1%) |
| Vacant Housing Units | 481 (19.2%) |
| Median Home Value | $149,523 |
| Average Home Value | $285,812 |
Housing Distribution
Address Breakdown
Residential
2,081
Single Family
2,081
Multi-Family
0
Businesses
305
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Listed by: Tai Klam • COBB PROPERTIES
Mls Name: NTREIS
Mls ID: #20797214
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.