11210 Light RdLipanTX76462
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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 Lipan at 11210 Light Rd, Lipan, TX, 76462 earns from $2,780/mo rent with a $5,134/mo payment. Total monthly income totals $2,780/mo. ROI tracks 3.85% on current figures, and rental yield reads 3.18% at a $1,049,000 purchase. Equity gained on principal adds $6,769/yr, and 5% annual appreciation supports $289,819 over five years. Five-year ROI reaches 17.86% and total cumulative return in cash sums $60,688. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,780/mo property income instead of your personal income.
Single Family
Built in 2022
14.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Housing Distribution
Address Breakdown
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
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Listed by: David Inman • At Properties Christie's Int
Mls Name: NTREIS
Mls ID: #20778091
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.