709 W Pierson StHamiltonTX76531
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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
Rental property for sale in Hamilton at 709 W Pierson St, Hamilton, TX, 76531 priced at $550,000 pairs $730/mo rent with after a $2,692/mo payment. Total monthly income equals $730/mo. Return on cash invested is -1.04% in year one, and rental yield stands at 1.59% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $730/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2022
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76531, Hamilton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,491 (59.7%) |
| Renter Occupied HU | 527 (21.1%) |
| Vacant Housing Units | 481 (19.2%) |
| Median Home Value | $149,523 |
| Average Home Value | $285,812 |
Housing Distribution
Address Breakdown
Residential
2,081
Single Family
2,081
Multi-Family
0
Businesses
305
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