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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 Lipan at 119 Sugartree Cir, Lipan, TX, 76462 offers $4,854/mo rent that, after a $2,814/mo payment, leaves $765/mo cash flow. Total monthly income is $4,854/mo, and annual cash flow is $9,185/yr on $189,175 cash. Return on cash invested measures 24.92% in year one, and rental yield stands at 10.13% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 130.89% and total cumulative return in cash reaches $247,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,854/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $575,000 |
| 2025-04-16 | Listing removed | $565,000 |
| 2025-01-31 | Price change | $565,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $7304.29 | 9.04% | $462,750 | N/A |
| 2023-07-01 | $6698.75 | -9.62% | $462,750 | 4.81% |
| 2022-07-01 | $7411.71 | 6.55% | $441,500 | N/A |
Listed by: Leseh Palay • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20987404
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.
