1124 Lcr 248Colorado CityTX79512
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
Rental property for sale in Colorado City at 1124 Lcr 248, Colorado City, TX, 79512 generates $810/mo in rent, after a $1,439/mo payment. Total monthly income is $810/mo. Return on cash invested sits at 4.14% in year one, and rental yield is 3.31% on a $294,000 entry. Equity gained on principal adds $1,897/yr, while 5% annual appreciation builds toward $81,227 over five years. Five-year ROI reaches 19.52% and total cumulative return in cash sums $19,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $810/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79512, Colorado City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 1,639 (53.0%) |
| Renter Occupied HU | 678 (21.9%) |
| Vacant Housing Units | 773 (25.0%) |
| Median Home Value | $93,548 |
| Average Home Value | $164,599 |
Housing Distribution
Address Breakdown
Residential
2,490
Single Family
2,490
Multi-Family
0
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry DeLoera • DeLoera Realty, LLC
Mls Name: PBBR
Mls Provider:
Mls ID: #50074624
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.