1018 LAKESHORE LOOPTowTX78672
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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 Tow at 1018 LAKESHORE LOOP, Tow, TX, 78672 generates $1,848/mo in rent, after a $1,370/mo payment. Total monthly income is $1,848/mo. Return on cash invested sits at 18.07% in year one, and rental yield is 7.92% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 94.2% and total cumulative return in cash sums $87,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,848/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78672, Tow, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 430 (42.3%) |
| Renter Occupied HU | 73 ( 7.2%) |
| Vacant Housing Units | 514 (50.5%) |
| Median Home Value | $284,286 |
| Average Home Value | $351,820 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
31
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Listed by: Judy Schuessler • Virdell Real Estate, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #171125
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.