1905 Lakeview DrSweetwaterTX79556
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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 Sweetwater at 1905 Lakeview Dr, Sweetwater, TX, 79556 offers $4,970/mo rent that, after a $1,459/mo payment, leaves $2,850/mo cash flow. Total monthly income is $4,970/mo, and annual cash flow is $34,205/yr on $98,787 cash. Return on cash invested measures 54.53% in year one, and rental yield stands at 20.01% at a $298,000 entry. Equity gained on principal adds $1,923/yr while 5% annual appreciation compounds into $82,332 by year five. Five-year ROI records 289.75% and total cumulative return in cash reaches $286,232. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,970/mo property income versus a $1,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79556, Sweetwater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,129 (100%) |
| Owner Occupied HU | 3,203 (52.3%) |
| Renter Occupied HU | 1,771 (28.9%) |
| Vacant Housing Units | 1,155 (18.8%) |
| Median Home Value | $115,486 |
| Average Home Value | $163,313 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
4,830
Multi-Family
315
Businesses
639
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Listed by: Scott Morgan • Morgan Real Estate
Mls Name: Nolan County BOR
Mls ID: #3960
Disclaimer: Copyright Nolan County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.