108 Laurel St APT 11FultonTX78358
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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 Fulton at 108 Laurel St APT 11, Fulton, TX, 78358 generates $1,860/mo in rent, after a $1,052/mo payment. Total monthly income is $1,860/mo. Return on cash invested sits at 19.43% in year one, and rental yield is 10.39% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 103.69% and total cumulative return in cash sums $73,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Condo
Built in 1954
1,723 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78358, Fulton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 108 (47.4%) |
| Renter Occupied HU | 34 (14.9%) |
| Vacant Housing Units | 86 (37.7%) |
| Median Home Value | $330,556 |
| Average Home Value | $516,250 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
98
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Listed by: Susan Johnson • Susan Johnson, Broker
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #457827
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-04-30 00:43:33 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.