Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lorena at 11313 Pallas St, Lorena, TX, 76655 priced at $302,355 pairs $2,820/mo rent with $650/mo cash flow after a $1,480/mo payment. Total monthly income equals $2,820/mo, and annual cash flow comes to $7,797/yr on $100,231 invested. Return on cash invested is 27.69% in year one, and rental yield stands at 11.19% on a $302,355 basis. Equity gained on principal adds $1,951/yr, and 5% annual appreciation accumulates to $83,535 by year five. Five-year ROI measures 145.87% and total cumulative return in cash reaches $146,203. For financing, Ziffy Mortgage’s DSCR program evaluates $2,820/mo property income against a $1,480/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
7,143 sqft lot
$N/A/sqft
$60 quarterly HOA
Neighborhood data shown for ZIP Code: 76655, Lorena, TX area.
| 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 |
Residential
4,436
Single Family
4,436
Multi-Family
0
Businesses
166
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Listed for sale | $302,355 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Adam Olsen • eXp Realty, LLC Waco
Mls Name: WMLS
Mls Provider:
Mls ID: #224913
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-16 03:24:48 PDT
