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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% |
Investment property for sale in Lorena at 140 Towne West Dr, Lorena, TX, 76655 with 5% annual appreciation on a $369,900 basis while $4,058/mo rent supports operations. Total monthly income totals $4,058/mo and a $1,810/mo payment preserves $1,428/mo for cash returns. Annual cash flow comes to $17,137/yr on $122,622 deployed, and return on cash invested reaches 33.88% in year one. Equity gained on principal adds $2,387/yr, and five-year appreciation sums $102,197 alongside rental yield of 13.16%. Five-year ROI measures 179.03% and total cumulative return in cash totals $219,526.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,058/mo property income versus a $1,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.79 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 |
|---|---|---|
| 2024-08-06 | Listed for rent | $2,500 |
| 2024-07-24 | Price change | $369,900 |
| 2024-07-16 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $1897.80 | -30.62% | $223,300 | 10.00% |
| 2022-08-16 | $2735.26 | -10.90% | $203,000 | N/A |
| 2021-08-16 | $3070.00 | N/A | $203,000 | 3.05% |
Listed by: Patricia Meadows • Graceland Real Estate
Mls Name: WMLS
Mls Provider:
Mls ID: #221979
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: 2024-08-16 03:24:48 PDT
