1606 S Chestnut 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 1606 S Chestnut St, Lufkin, TX, 75901 uses $71,107 cash to close to unlock $3,294/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,050/mo payment keeps the spread at $275/mo. Purchase price stands at $214,500, and rental yield measures 10.07% with $1,800/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $59,262 over five years. Five-year ROI reaches 128.93% and total cumulative return in cash records $91,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,050/mo payment rather than investor’s personal income.
Single Family
Built in 1940
1.40 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: Mona Hill • Texas Real Estate Executives
Mls Name: LAR
Mls Provider:
Mls ID: #5103336
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.