








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Florence at 120 Strada Luca, Florence, TX, 76527 uses $305,882 cash to close to unlock $10,585/yr annual cash flow and $882/mo monthly cash flow. Total monthly income runs $7,554/mo, and a $4,551/mo payment keeps the spread at $882/mo. Purchase price stands at $929,732, and rental yield measures 9.75% with $7,554/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $256,868 over five years. Five-year ROI reaches 123.49% and total cumulative return in cash records $377,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,554/mo property income covering a $4,551/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1.53 Acres lot
$N/A/sqft
$60 monthly HOA
Neighborhood data shown for ZIP Code: 76527, Florence, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,762 (76.9%) |
| Renter Occupied HU | 343 (15.0%) |
| Vacant Housing Units | 186 ( 8.1%) |
| Median Home Value | $543,403 |
| Average Home Value | $679,562 |
Residential
1,831
Single Family
1,825
Multi-Family
6
Businesses
136
Date | Event | Price |
|---|---|---|
| 2024-07-11 | Price change | $929,732 |
| 2024-03-22 | Price change | $934,723 |
| 2024-03-11 | Price change | $939,723 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heath Griffing • 2TX Realty
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #528017
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.