11340 Loop 60LarueTX75770
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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 Larue at 11340 Loop 60, Larue, TX, 75770 offers a 9.31% rental yield on a $199,000 purchase with $1,544/mo rent. Total monthly income registers $1,544/mo, and a $974/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,547/yr on $65,969 to close, and return on cash invested stands at 22.25% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 116.63% and total cumulative return in cash at $76,938. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,544/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75770, Larue, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,521 (100%) |
| Owner Occupied HU | 1,088 (71.5%) |
| Renter Occupied HU | 212 (13.9%) |
| Vacant Housing Units | 221 (14.5%) |
| Median Home Value | $337,092 |
| Average Home Value | $373,518 |
Housing Distribution
Address Breakdown
Residential
1,371
Single Family
1,369
Multi-Family
2
Businesses
31
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Listed by: Kylee Jones • RE/MAX Benchmark
Mls Name: NTREIS
Mls ID: #20761584
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.