1002 Mine StreetLlanoTX78643
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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
Rental property for sale in Llano at 1002 Mine Street, Llano, TX, 78643 offers $1,750/mo rent that, after a $954/mo payment, leaves $364/mo cash flow. Total monthly income is $1,750/mo, and annual cash flow is $4,365/yr on $64,643 cash. Return on cash invested measures 26.66% in year one, and rental yield stands at 10.77% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 140.26% and total cumulative return in cash reaches $90,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,750/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1966
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78643, Llano, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,335 (52.1%) |
| Renter Occupied HU | 643 (14.3%) |
| Vacant Housing Units | 1,506 (33.6%) |
| Median Home Value | $425,214 |
| Average Home Value | $534,828 |
Housing Distribution
Address Breakdown
Residential
3,543
Single Family
3,454
Multi-Family
89
Businesses
435
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Listed by: Kristy Morris • Lakes and Hills Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #171376
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.