98 Hickory RdBullardTX75757
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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 Bullard at 98 Hickory Rd, Bullard, TX, 75757 uses $82,842 cash to close to unlock $3,145/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $2,039/mo, and a $1,223/mo payment keeps the spread at $262/mo. Purchase price stands at $249,900, and rental yield measures 9.79% with $2,039/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 124.46% and total cumulative return in cash records $103,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,039/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75757, Bullard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,745 (100%) |
| Owner Occupied HU | 4,356 (75.8%) |
| Renter Occupied HU | 892 (15.5%) |
| Vacant Housing Units | 497 ( 8.7%) |
| Median Home Value | $300,855 |
| Average Home Value | $345,717 |
Housing Distribution
Address Breakdown
Residential
6,218
Single Family
6,140
Multi-Family
78
Businesses
309
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