122 2nd StLindsayTX76250
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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 Lindsay at 122 2nd St, Lindsay, TX, 76250 generates $3,178/mo in rent, after a $2,393/mo payment. Total monthly income is $3,178/mo. Return on cash invested sits at 17.7% in year one, and rental yield is 7.8% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 92.21% and total cumulative return in cash sums $149,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,178/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76250, Lindsay, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 305 (78.4%) |
| Renter Occupied HU | 53 (13.6%) |
| Vacant Housing Units | 31 ( 8.0%) |
| Median Home Value | $325,000 |
| Average Home Value | $378,582 |
Housing Distribution
Address Breakdown
Residential
148
Single Family
148
Multi-Family
0
Businesses
39
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