711 Avenue IHale CenterTX79041
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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 Hale Center at 711 Avenue I, Hale Center, TX, 79041 priced at $165,000 converts $3,284/mo rent into $2,042/mo cash flow after a $808/mo obligation. Total monthly income equals $3,284/mo, and annual cash flow totals $24,505/yr on $54,698 invested. Return on cash invested prints 64.71% in year one, and rental yield reads 23.88% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 344.92% and total cumulative return in cash sums $188,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,284/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79041, Hale Center, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 738 (57.0%) |
| Renter Occupied HU | 336 (26.0%) |
| Vacant Housing Units | 220 (17.0%) |
| Median Home Value | $117,066 |
| Average Home Value | $152,801 |
Housing Distribution
Address Breakdown
Residential
392
Single Family
392
Multi-Family
0
Businesses
55
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Listed by: Erin White • Aycock Realty Group, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202409349
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.