13074 Clover LnIolaTX77861
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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 Iola at 13074 Clover Ln, Iola, TX, 77861 priced at $299,999 converts $2,791/mo rent into $658/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,791/mo, and annual cash flow totals $7,896/yr on $99,450 invested. Return on cash invested prints 27.85% in year one, and rental yield reads 11.16% against a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 146.62% and total cumulative return in cash sums $145,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,791/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1991
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77861, Iola, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 1,116 (74.9%) |
| Renter Occupied HU | 157 (10.5%) |
| Vacant Housing Units | 216 (14.5%) |
| Median Home Value | $391,304 |
| Average Home Value | $430,889 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,363
Multi-Family
0
Businesses
59
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