1002 E Lynn StLittle River AcademyTX76554
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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 Little River Academy at 1002 E Lynn St, Little River Academy, TX, 76554 offers a 5.83% rental yield on a $299,000 purchase with $1,453/mo rent. 76% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 60.4% and total cumulative return in cash at $59,866. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,453/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76554, Little River, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 625 (71.8%) |
| Renter Occupied HU | 186 (21.4%) |
| Vacant Housing Units | 59 ( 6.8%) |
| Median Home Value | $280,934 |
| Average Home Value | $327,520 |
Housing Distribution
Address Breakdown
Residential
786
Single Family
786
Multi-Family
0
Businesses
75
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Listed by: Jimmy Ashby • Ashby Real Estate Group
Mls Name: Central Texas MLS
Mls ID: #592578