630 Worth StHemphillTX75948
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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 Hemphill at 630 Worth St, Hemphill, TX, 75948 uses $65,969 cash to close to unlock $8,603/yr annual cash flow and $717/mo monthly cash flow. Total monthly income runs $2,132/mo, and a $974/mo payment keeps the spread at $717/mo. Purchase price stands at $199,000, and rental yield measures 12.86% with $2,132/mo rent. Return on cash invested shows 32.95% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 174% and total cumulative return in cash records $114,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,132/mo property income covering a $974/mo payment rather than investor’s personal income.
Multi Family
Built in 1943
0.40 Acres lot
$N/A/sqft
No 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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