1510 E Fannin StLulingTX78648
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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 Luling at 1510 E Fannin St, Luling, TX, 78648 generates $1,634/mo in rent and, after a $612/mo payment, leaves $745/mo in cash flow. Total monthly income is $1,634/mo, and annual cash flow is $8,939/yr on $41,437 invested. Return on cash invested sits at 41.48% in year one, and rental yield is 15.69% on a $124,999 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 219.73% and total cumulative return in cash sums $91,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,634/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78648, Luling, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,199 (60.1%) |
| Renter Occupied HU | 1,020 (27.9%) |
| Vacant Housing Units | 441 (12.0%) |
| Median Home Value | $230,417 |
| Average Home Value | $257,386 |
Housing Distribution
Address Breakdown
Residential
3,179
Single Family
3,012
Multi-Family
167
Businesses
325
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