1520 Water Well RdLorenaTX76655
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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 Lorena at 1520 Water Well Rd, Lorena, TX, 76655 generates $2,802/mo in rent, after a $1,953/mo payment. Total monthly income is $2,802/mo. Return on cash invested sits at 5.53% in year one, and rental yield is 8.43% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 32.03% and total cumulative return in cash sums $42,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,802/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
5 Acres lot
$N/A/sqft
$1,550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76655, Lorena, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,436
Single Family
4,436
Multi-Family
0
Businesses
166
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