141 Birdie DrLipanTX76462
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
Rental property for sale in Lipan at 141 Birdie Dr, Lipan, TX, 76462 priced at $574,500 converts $4,039/mo rent into after a $2,812/mo obligation. Total monthly income equals $4,039/mo. Return on cash invested prints 19.24% in year one, and rental yield reads 8.44% against a $574,500 entry. Equity gained on principal adds $3,707/yr, while 5% annual appreciation compiles into $158,724 by year five. Five-year ROI reaches 100.63% and total cumulative return in cash sums $190,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,039/mo property income covering a $2,812/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.50 Acres lot
$N/A/sqft
$83 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices