820 Hickory StIdalouTX79329
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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 Idalou at 820 Hickory St, Idalou, TX, 79329 uses $53,040 cash to close to unlock $4,624/yr annual cash flow and $385/mo monthly cash flow. Total monthly income runs $1,523/mo, and a $783/mo payment keeps the spread at $385/mo. Purchase price stands at $160,000, and rental yield measures 11.42% with $1,523/mo rent. Return on cash invested shows 28.63% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 150.86% and total cumulative return in cash records $80,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,523/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1975
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79329, Idalou, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 1,027 (68.1%) |
| Renter Occupied HU | 331 (21.9%) |
| Vacant Housing Units | 151 (10.0%) |
| Median Home Value | $241,230 |
| Average Home Value | $283,123 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
90
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