E 3rd StHughes springsTX75656
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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 Hughes springs at E 3rd St, Hughes springs, TX, 75656 offers a 10.3% rental yield on a $169,900 purchase with $1,458/mo rent. Total monthly income registers $1,458/mo, and a $832/mo payment leaves $249/mo available for distribution. Annual cash flow reaches $2,993/yr on $56,322 to close, and return on cash invested stands at 25.22% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 132.61% and total cumulative return in cash at $74,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,458/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75656, Hughes Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 1,295 (61.2%) |
| Renter Occupied HU | 499 (23.6%) |
| Vacant Housing Units | 323 (15.3%) |
| Median Home Value | $146,136 |
| Average Home Value | $352,147 |
Housing Distribution
Address Breakdown
Residential
1,752
Single Family
1,648
Multi-Family
104
Businesses
150
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Listed by: Jamie Cody • Patrick Redfearn Realty, LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24012971
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.