703 Cedar 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
Investment property for sale in Hearne at 703 Cedar St, Hearne, TX, 77859 at $145,000 posts ROI 25.47% with $223/mo cash flow from $1,254/mo rent. Total monthly income equals $1,254/mo, and annual cash flow records $2,671/yr on $48,068 to close. Return on cash invested measures 25.47% and rental yield reads 10.38% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 133.88% and total cumulative return in cash totals $64,352.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,254/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
6,229 sqft 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: Stephanie Saculla • Connect Realty.com
Mls Name: BCSMLS
Mls Provider:
Mls ID: #25009457
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.