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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in La Grange at 1013 Otto Ln, La Grange, TX, 78945 listed at $415,000 pairs $4,728/mo rent with a $2,031/mo payment to leave $1,757/mo cash flow. Total monthly income runs $4,728/mo, and annual cash flow reaches $21,085/yr on $137,573 cash to close. Return on cash invested measures 35.24% in year one, and rental yield registers 13.67% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 186.32% and total cumulative return in cash totals $256,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,728/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
1.07 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Listed for sale | $415,000 |
| 2018-09-16 | Listing removed | $325,000 |
| 2018-05-17 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $1051.12 | -52.30% | $260,465 | 10.00% |
| 2022-08-30 | $2203.76 | 2.28% | $236,786 | 10.00% |
| 2021-08-30 | $2154.66 | N/A | $215,260 | 3.68% |
Listed by: Ronda Dobos • Central Metro Realty
Mls Name: HAR
Mls Provider:
Mls ID: #47590699
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