708 E 1st StHughes SpringsTX75656
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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
Investment property for sale in Hughes Springs at 708 E 1st St, Hughes Springs, TX, 75656 offers a 9.97% rental yield on a $249,900 purchase with $2,077/mo rent. Total monthly income registers $2,077/mo, and a $1,223/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,601/yr on $82,842 to close, and return on cash invested stands at 24.26% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 127.42% and total cumulative return in cash at $105,554. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,077/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75656, Hughes Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 1,295 (61.2%) |
| Renter Occupied HU | 499 (23.6%) |
| Vacant Housing Units | 323 (15.3%) |
| Median Home Value | $146,136 |
| Average Home Value | $352,147 |
Housing Distribution
Address Breakdown
Residential
1,752
Single Family
1,648
Multi-Family
104
Businesses
150
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Listed by: Jake Moore • Patrick Redfearn Realty, LLC
Mls Name: GTARMLS
Mls ID: #25011374