1179 Lock Mountain RdAvingerTX75630
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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
Investment property for sale in Avinger at 1179 Lock Mountain Rd, Avinger, TX, 75630 with 5% annual appreciation on a $101,650 basis while $1,319/mo rent supports operations. Total monthly income totals $1,319/mo and a $498/mo payment preserves $596/mo for cash returns. Annual cash flow comes to $7,148/yr on $33,697 deployed, and return on cash invested reaches 41.12% in year one. Equity gained on principal adds $656/yr, and five-year appreciation sums $28,084 alongside rental yield of 15.57%. Five-year ROI measures 217.85% and total cumulative return in cash totals $73,410.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,319/mo property income versus a $498/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75630, Avinger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,637 (100%) |
| Owner Occupied HU | 1,067 (65.2%) |
| Renter Occupied HU | 168 (10.3%) |
| Vacant Housing Units | 402 (24.6%) |
| Median Home Value | $155,478 |
| Average Home Value | $197,894 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,175
Multi-Family
16
Businesses
61
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