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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 Lorena at 123 York Dr, Lorena, TX, 76655 generates $1,999/mo in rent, after a $1,468/mo payment. Total monthly income is $1,999/mo. Return on cash invested sits at 18.29% in year one, and rental yield is 8% on a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,882 over five years. Five-year ROI reaches 95.42% and total cumulative return in cash sums $94,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76655, Lorena, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,436 (100%) |
| Owner Occupied HU | 3,509 (79.1%) |
| Renter Occupied HU | 790 (17.8%) |
| Vacant Housing Units | 137 ( 3.1%) |
| Median Home Value | $337,780 |
| Average Home Value | $372,706 |
Residential
4,436
Single Family
4,436
Multi-Family
0
Businesses
166
Date | Event | Price |
|---|---|---|
| 2024-05-24 | Price change | $299,990 |
| 2024-05-07 | Listed for sale | $315,990 |
| 2024-04-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4397.70 | 77.60% | $230,480 | 23.30% |
| 2023-12-27 | $2476.14 | -20.63% | $186,925 | 10.00% |
| 2022-12-27 | $3119.77 | 1.11% | $169,932 | 10.00% |
Listed by: Kevin Fogarty • eXp Realty, LLC Waco
Mls Name: WMLS
Mls Provider:
Mls ID: #222374
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-12-26 23:25:31 PST
