109 Wallace StLone OakTX75453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lone Oak at 109 Wallace St, Lone Oak, TX, 75453 with 5% annual appreciation on a $180,000 basis while $1,376/mo rent supports operations. Total monthly income totals $1,376/mo and a $881/mo payment preserves $96/mo for cash returns. Annual cash flow comes to $1,152/yr on $59,670 deployed, and return on cash invested reaches 21.84% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 9.17%. Five-year ROI measures 114.4% and total cumulative return in cash totals $68,261.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,376/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1997
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75453, Lone Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,280 (73.7%) |
| Renter Occupied HU | 229 (13.2%) |
| Vacant Housing Units | 228 (13.1%) |
| Median Home Value | $255,014 |
| Average Home Value | $270,705 |
Housing Distribution
Address Breakdown
Residential
1,532
Single Family
1,532
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices