8 Hickory RdgHilltop LakesTX77871
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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 Hilltop Lakes at 8 Hickory Rdg, Hilltop Lakes, TX, 77871 priced at $320,000 converts $2,283/mo rent into after a $1,566/mo obligation. Total monthly income equals $2,283/mo. Return on cash invested prints 18.51% in year one, and rental yield reads 8.56% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 97.12% and total cumulative return in cash sums $103,023. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,283/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.25 Acres lot
$N/A/sqft
$131 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77871, Normangee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,397 (68.4%) |
| Renter Occupied HU | 226 (11.1%) |
| Vacant Housing Units | 419 (20.5%) |
| Median Home Value | $262,165 |
| Average Home Value | $336,263 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
95
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Listed by: Stephanie Saculla • Connect Realty.com
Mls Name: HAR
Mls Provider:
Mls ID: #73807872
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