702 E Gilbert StHenriettaTX76365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Henrietta at 702 E Gilbert St, Henrietta, TX, 76365 priced at $249,900 pairs $2,332/mo rent with $555/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,332/mo, and annual cash flow comes to $6,661/yr on $82,842 invested. Return on cash invested is 27.95% in year one, and rental yield stands at 11.2% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 147.23% and total cumulative return in cash reaches $121,970. For financing, Ziffy Mortgage’s DSCR program evaluates $2,332/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76365, Henrietta, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,557 (100%) |
| Owner Occupied HU | 1,604 (62.7%) |
| Renter Occupied HU | 453 (17.7%) |
| Vacant Housing Units | 500 (19.6%) |
| Median Home Value | $148,897 |
| Average Home Value | $210,296 |
Housing Distribution
Address Breakdown
Residential
2,208
Single Family
2,110
Multi-Family
98
Businesses
160
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Listed by: Scott Williams • Williams Realty And Auction Service LLC
Mls Name: WFAR
Mls Provider:
Mls ID: #179215
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