918 Jory StHicoTX76457
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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 Hico at 918 Jory St, Hico, TX, 76457 uses $92,787 cash to close to unlock $7,579/yr annual cash flow and $632/mo monthly cash flow. Total monthly income runs $2,622/mo, and a $1,370/mo payment keeps the spread at $632/mo. Purchase price stands at $279,900, and rental yield measures 11.24% with $2,622/mo rent. Return on cash invested shows 28.08% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 147.88% and total cumulative return in cash records $137,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,622/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1982
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,299 (59.3%) |
| Renter Occupied HU | 406 (18.5%) |
| Vacant Housing Units | 484 (22.1%) |
| Median Home Value | $260,659 |
| Average Home Value | $374,378 |
Housing Distribution
Address Breakdown
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
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Listed by: Christi Black • BLACK REAL ESTATE, LLC
Mls Name: NTREIS
Mls ID: #20963768
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.