1260 Hilldale DrLumbertonTX77657
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Lumberton at 1260 Hilldale Dr, Lumberton, TX, 77657 uses $104,091 cash to close to unlock $7,428/yr annual cash flow and $619/mo monthly cash flow. Total monthly income runs $2,852/mo, and a $1,537/mo payment keeps the spread at $619/mo. Purchase price stands at $314,000, and rental yield measures 10.9% with $2,852/mo rent. Return on cash invested shows 27.04% in year one, and 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 142.31% and total cumulative return in cash records $148,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,852/mo property income covering a $1,537/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77657, Lumberton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,451 (100%) |
| Owner Occupied HU | 6,965 (73.7%) |
| Renter Occupied HU | 1,796 (19.0%) |
| Vacant Housing Units | 690 ( 7.3%) |
| Median Home Value | $254,632 |
| Average Home Value | $284,575 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
8,794
Multi-Family
576
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi Rollins • ROLLINS REAL ESTATE -- 568257
Mls Name: BBOR
Mls Provider:
Mls ID: #252282
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is 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.