815 E Ikard StHenriettaTX76365
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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
Investment property for sale in Henrietta at 815 E Ikard St, Henrietta, TX, 76365 uses $39,780 cash to close to unlock $1,128/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $947/mo, and a $587/mo payment keeps the spread at $94/mo. Purchase price stands at $120,000, and rental yield measures 9.47% with $947/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 119.23% and total cumulative return in cash records $47,431. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $947/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1960
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76365, Henrietta, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,557 (100%) |
| Owner Occupied HU | 1,604 (62.7%) |
| Renter Occupied HU | 453 (17.7%) |
| Vacant Housing Units | 500 (19.6%) |
| Median Home Value | $148,897 |
| Average Home Value | $210,296 |
Housing Distribution
Address Breakdown
Residential
2,208
Single Family
2,110
Multi-Family
98
Businesses
160
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