833 Secretariat DrHewittTX76643
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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 Hewitt at 833 Secretariat Dr, Hewitt, TX, 76643 generates $2,441/mo in rent, after a $2,496/mo payment. Total monthly income is $2,441/mo. Return on cash invested sits at 11.58% in year one, and rental yield is 5.74% on a $509,900 entry. Equity gained on principal adds $3,290/yr, while 5% annual appreciation builds toward $140,876 over five years. Five-year ROI reaches 59.37% and total cumulative return in cash sums $99,596. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,441/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Housing Distribution
Address Breakdown
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
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Listed by: Jason Rankin • Camille Johnson
Mls Name: NTREIS
Mls ID: #20932622
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.