708 Richardson DrHendersonTX75654
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
Investment property for sale in Henderson at 708 Richardson Dr, Henderson, TX, 75654 listed at $990,000 pairs $2,501/mo rent with a $4,846/mo payment. Total monthly income runs $2,501/mo. Return on cash invested measures 3.34% in year one, and rental yield registers 3.03% at a $990,000 basis. Equity gained on principal adds $6,388/yr, and annual property appreciation at 5% supports $273,519 by year five. Five-year ROI tracks 15.16% and total cumulative return in cash totals $49,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,501/mo property income relative to a $4,846/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
7.29 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices