10741 Oakridge StLumbertonTX77657
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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 Lumberton at 10741 Oakridge St, Lumberton, TX, 77657 uses $92,820 cash to close to unlock $3,160/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $2,254/mo, and a $1,370/mo payment keeps the spread at $263/mo. Purchase price stands at $280,000, and rental yield measures 9.66% with $2,254/mo rent. Return on cash invested shows 23.31% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 122.35% and total cumulative return in cash records $113,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,254/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1 Acres 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: Tayler Robichaux • JLA Realty -- 9000562
Mls Name: BBOR
Mls Provider:
Mls ID: #258566
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.