1415 Ginnway StLufkinTX75901
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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
Investment property for sale in Lufkin at 1415 Ginnway St, Lufkin, TX, 75901 with 5% annual appreciation on a $217,000 basis while $1,800/mo rent supports operations. Total monthly income totals $1,800/mo and a $1,062/mo payment preserves $257/mo for cash returns. Annual cash flow comes to $3,084/yr on $71,936 deployed, and return on cash invested reaches 24.2% in year one. Equity gained on principal adds $1,400/yr, and five-year appreciation sums $59,953 alongside rental yield of 9.95%. Five-year ROI measures 127.04% and total cumulative return in cash totals $91,385.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $1,062/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75901, Lufkin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,194 (100%) |
| Owner Occupied HU | 7,149 (58.6%) |
| Renter Occupied HU | 3,962 (32.5%) |
| Vacant Housing Units | 1,083 ( 8.9%) |
| Median Home Value | $199,809 |
| Average Home Value | $292,205 |
Housing Distribution
Address Breakdown
Residential
11,922
Single Family
10,375
Multi-Family
1,547
Businesses
1,270
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Listed by: Mayra Ibarra • GANN MEDFORD Real Estate, Inc.
Mls Name: LAR
Mls Provider:
Mls ID: #73373
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.