203 Carriage DrLufkinTX75904
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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 Lufkin at 203 Carriage Dr, Lufkin, TX, 75904 offers $1,800/mo rent that, after a $2,570/mo payment. Total monthly income is $1,800/mo. Return on cash invested measures 6.63% in year one, and rental yield stands at 4.11% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 32.82% and total cumulative return in cash reaches $56,685. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75904, Lufkin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,903 (100%) |
| Owner Occupied HU | 8,390 (56.3%) |
| Renter Occupied HU | 5,191 (34.8%) |
| Vacant Housing Units | 1,322 ( 8.9%) |
| Median Home Value | $212,912 |
| Average Home Value | $275,380 |
Housing Distribution
Address Breakdown
Residential
15,076
Single Family
12,702
Multi-Family
2,374
Businesses
915
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