1000 E Fannin StLulingTX78648
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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
Total monthly income runs $1,549/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 3.73% with $1,549/mo rent. Return on cash invested shows 5.41% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 26.27% and total cumulative return in cash records $43,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,549/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Multi Family
Built in 2022
10,079 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78648, Luling, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,199 (60.1%) |
| Renter Occupied HU | 1,020 (27.9%) |
| Vacant Housing Units | 441 (12.0%) |
| Median Home Value | $230,417 |
| Average Home Value | $257,386 |
Housing Distribution
Address Breakdown
Residential
3,179
Single Family
3,012
Multi-Family
167
Businesses
325
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