8406 State Highway 380, Hillsboro, TX, 76645 | $294/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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8406 State Highway 380, Hillsboro, TX, 76645 | $294/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Hillsboro at 8406 State Highway 380, Hillsboro, TX, 76645 uses $109,362 cash to close to unlock $3,525/yr annual cash flow and $294/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,615/mo payment keeps the spread at $294/mo. Purchase price stands at $329,900, and rental yield measures 9.6% with $2,640/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 121.33% and total cumulative return in cash records $132,687. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Single Family

Built in N/A

4.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Nice home on almost 5 acres of land near the mountain Village of Capitan, NM. The 2022 model single wide manufactured home features 3 bedrooms and 2 baths on a permanent foundation. The near 4 acre property is fully fenced with a gravel drive accessed from highway 380. There is also an RV hookup. Items that convey with the property include a lean to with two cones containers along with a John Deere Tractor with attachments to include: auger, forks and brush hog. Also included is metal material for the decking and chair and couches in the living area. This property is located in close proximity to the Capitan Schools and has views of the Capitan mountains.

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