200 N Elm LnTolarTX76476
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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 Tolar at 200 N Elm Ln, Tolar, TX, 76476 priced at $384,900 converts $2,640/mo rent into after a $1,884/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 18.99% in year one, and rental yield reads 8.23% against a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,341 by year five. Five-year ROI reaches 99.14% and total cumulative return in cash sums $126,495. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Housing Distribution
Address Breakdown
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
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