716 Wilkins StHempsteadTX77445
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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 Hempstead at 716 Wilkins St, Hempstead, TX, 77445 at $150,000 posts ROI 20.96% with $44/mo cash flow from $1,110/mo rent. Total monthly income equals $1,110/mo, and annual cash flow records $522/yr on $49,725 to close. Return on cash invested measures 20.96% and rental yield reads 8.88% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 109.74% and total cumulative return in cash totals $54,570.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1990
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77445, Hempstead, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,611 (100%) |
| Owner Occupied HU | 3,847 (58.2%) |
| Renter Occupied HU | 1,887 (28.5%) |
| Vacant Housing Units | 877 (13.3%) |
| Median Home Value | $270,294 |
| Average Home Value | $379,184 |
Housing Distribution
Address Breakdown
Residential
6,096
Single Family
5,706
Multi-Family
390
Businesses
448
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