137 Zaragosa DrLipanTX76462
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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 Lipan at 137 Zaragosa Dr, Lipan, TX, 76462 priced at $349,445 pairs $2,758/mo rent with $273/mo cash flow after a $1,710/mo payment. Total monthly income equals $2,758/mo, and annual cash flow comes to $3,281/yr on $115,841 invested. Return on cash invested is 22.74% in year one, and rental yield stands at 9.47% on a $349,445 basis. Equity gained on principal adds $2,255/yr, and 5% annual appreciation accumulates to $96,545 by year five. Five-year ROI measures 119.26% and total cumulative return in cash reaches $138,152. For financing, Ziffy Mortgage’s DSCR program evaluates $2,758/mo property income against a $1,710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Housing Distribution
Address Breakdown
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
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