103 NedLumbertonTX77657
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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 Lumberton at 103 Ned, Lumberton, TX, 77657 generates $2,917/mo in rent and, after a $1,936/mo payment, leaves $104/mo in cash flow. Total monthly income is $2,917/mo, and annual cash flow is $1,250/yr on $131,126 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 8.85% on a $395,555 entry. Equity gained on principal adds $2,552/yr, while 5% annual appreciation builds toward $109,285 over five years. Five-year ROI reaches 109.19% and total cumulative return in cash sums $143,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,917/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77657, Lumberton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,451 (100%) |
| Owner Occupied HU | 6,965 (73.7%) |
| Renter Occupied HU | 1,796 (19.0%) |
| Vacant Housing Units | 690 ( 7.3%) |
| Median Home Value | $254,632 |
| Average Home Value | $284,575 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
8,794
Multi-Family
576
Businesses
605
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Listed by: Rhonda Hinson • JLA Realty -- 9000562
Mls Name: BBOR
Mls Provider:
Mls ID: #259118
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.