15848 Avery LnLindaleTX75771
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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 Lindale at 15848 Avery Ln, Lindale, TX, 75771 generates $3,641/mo in rent and, after a $1,689/mo payment, leaves $1,187/mo in cash flow. Total monthly income is $3,641/mo, and annual cash flow is $14,247/yr on $114,368 invested. Return on cash invested sits at 32.37% in year one, and rental yield is 12.66% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 170.87% and total cumulative return in cash sums $195,424. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,641/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75771, Lindale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,663 (100%) |
| Owner Occupied HU | 6,977 (72.2%) |
| Renter Occupied HU | 1,892 (19.6%) |
| Vacant Housing Units | 794 ( 8.2%) |
| Median Home Value | $310,875 |
| Average Home Value | $374,508 |
Housing Distribution
Address Breakdown
Residential
9,549
Single Family
9,446
Multi-Family
103
Businesses
653
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Listed by: Melissa Thornburg • Realty One Group Rose
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24009997
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.