1204 Lotta RdKarnackTX75661
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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
Total monthly income runs $1,522/mo, and a $1,125/mo payment. Purchase price stands at $229,900, and rental yield measures 7.94% with $1,522/mo rent. Return on cash invested shows 18.14% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 94.57% and total cumulative return in cash records $72,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,522/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75661, Karnack, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 964 (59.9%) |
| Renter Occupied HU | 166 (10.3%) |
| Vacant Housing Units | 480 (29.8%) |
| Median Home Value | $234,167 |
| Average Home Value | $316,465 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,270
Multi-Family
25
Businesses
57
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