11308 Pallas StLorenaTX76655
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 Lorena at 11308 Pallas St, Lorena, TX, 76655 priced at $345,200 converts $4,386/mo rent into $1,931/mo cash flow after a $1,690/mo obligation. Total monthly income equals $4,386/mo, and annual cash flow totals $23,170/yr on $114,434 invested. Return on cash invested prints 40.16% in year one, and rental yield reads 15.25% against a $345,200 entry. Equity gained on principal adds $2,228/yr, while 5% annual appreciation compiles into $95,372 by year five. Five-year ROI reaches 212.63% and total cumulative return in cash sums $243,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,386/mo property income covering a $1,690/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76655, Lorena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,436 (100%) |
| Owner Occupied HU | 3,509 (79.1%) |
| Renter Occupied HU | 790 (17.8%) |
| Vacant Housing Units | 137 ( 3.1%) |
| Median Home Value | $337,780 |
| Average Home Value | $372,706 |
Housing Distribution
Address Breakdown
Residential
4,436
Single Family
4,436
Multi-Family
0
Businesses
166
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