837 Hcr 2421 E, Hillsboro, TX, 76645 | 4.87% Rental Yield

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837 Hcr 2421 E, Hillsboro, TX, 76645 | 4.87% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,980/mo, and a $3,597/mo payment. Purchase price stands at $735,000, and rental yield measures 4.87% with $2,980/mo rent. Return on cash invested shows 8.91% in year one, and 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 45.06% and total cumulative return in cash records $108,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $3,597/mo payment rather than investor’s personal income.

Single Family

Built in 1995

54.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Desirable combination of wooded acreage and open pasture with over 2,900 ft of Jacks Branch creek frontage that runs the entire eastern boundary of the property. Property boasts hundreds of mature pecan trees along with other hardwoods. The rolling terrain features a 60 ft elevation change and good surface water from 1 pond and 1 seasonal pond. The 2,418 sqft house features two living areas plus a screened rear porch and a bonus room that could be used for office or hobby space. Interior features include wood floors in the primary bedroom and his and hers walk-in closets in the primary bath. The kitchen features electric appliances and a walk-in pantry. Additional improvements include a 75x35 shop with 25x60 equipment parking attached, a 60x60 shop with extra thick slab to support equipment parking, and a 24x24 detached 2-car garage with 18x24 workshop with water and electric. Approximately 16 acres fall within the floodplain.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,917 (100%)
Owner Occupied HU	2,873 (58.4%)
Renter Occupied HU	1,461 (29.7%)
Vacant Housing Units	583 (11.9%)
Median Home Value	$200,509
Average Home Value	$251,751