1688 E State Highway 71 BypLa GrangeTX78945
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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 La Grange at 1688 E State Highway 71 Byp, La Grange, TX, 78945 generates $1,577/mo in rent, after a $2,692/mo payment. Total monthly income is $1,577/mo. Return on cash invested sits at 4.58% in year one, and rental yield is 3.44% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 21.82% and total cumulative return in cash sums $39,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,577/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
13.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Housing Distribution
Address Breakdown
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
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Listed by: Tanya Schindler • South Central Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #28375158
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