1218 Private Road 3063LexingtonTX78947
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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
Rental property for sale in Lexington at 1218 Private Road 3063, Lexington, TX, 78947 generates $1,547/mo in rent, after a $1,463/mo payment. Total monthly income is $1,547/mo. Return on cash invested sits at 12.9% in year one, and rental yield is 6.21% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 66.5% and total cumulative return in cash sums $65,914. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,547/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78947, Lexington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 320 (13.5%) |
| Vacant Housing Units | 330 (13.9%) |
| Median Home Value | $321,442 |
| Average Home Value | $408,247 |
Housing Distribution
Address Breakdown
Residential
1,818
Single Family
1,794
Multi-Family
24
Businesses
141
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Listed by: Noble Smith • Noble Smith Realty
Mls Name: HAR
Mls Provider:
Mls ID: #88413333
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