706 Richardson DrHendersonTX75654
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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 Henderson at 706 Richardson Dr, Henderson, TX, 75654 offers a 9.17% rental yield on a $274,900 purchase with $2,101/mo rent. Total monthly income registers $2,101/mo, and a $1,346/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,760/yr on $91,129 to close, and return on cash invested stands at 21.84% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 114.42% and total cumulative return in cash at $104,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,101/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75654, Henderson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,577 (100%) |
| Owner Occupied HU | 3,808 (68.3%) |
| Renter Occupied HU | 1,126 (20.2%) |
| Vacant Housing Units | 643 (11.5%) |
| Median Home Value | $183,038 |
| Average Home Value | $238,192 |
Housing Distribution
Address Breakdown
Residential
5,213
Single Family
4,844
Multi-Family
369
Businesses
271
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