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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 11324 Pallas St, Lorena, TX, 76655 offers $2,700/mo rent that, after a $1,696/mo payment, leaves $236/mo cash flow. Total monthly income is $2,700/mo, and annual cash flow is $2,829/yr on $114,898 cash. Return on cash invested measures 22.37% in year one, and rental yield stands at 9.35% at a $346,600 entry. Equity gained on principal adds $2,237/yr while 5% annual appreciation compounds into $95,759 by year five. Five-year ROI records 117.26% and total cumulative return in cash reaches $134,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,700/mo property income versus a $1,696/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-10-16 | Listed for sale | $348,200 |
| 2024-10-15 | Listing removed | $348,200 |
| 2024-08-27 | Listed for sale | $348,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $289.40 | N/A | $13,500 | N/A |
Listed by: N/A • N/A
Mls Name: Stylecraft Homes
Mls Provider:
Mls ID: #N/A
