204 Van Buren AveLorenzoTX79343
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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 Lorenzo at 204 Van Buren Ave, Lorenzo, TX, 79343 priced at $160,000 converts $1,186/mo rent into $48/mo cash flow after a $783/mo obligation. Total monthly income equals $1,186/mo, and annual cash flow totals $580/yr on $53,040 invested. Return on cash invested prints 21% in year one, and rental yield reads 8.89% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 109.98% and total cumulative return in cash sums $58,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,186/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79343, Lorenzo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 351 (57.3%) |
| Renter Occupied HU | 138 (22.5%) |
| Vacant Housing Units | 124 (20.2%) |
| Median Home Value | $142,188 |
| Average Home Value | $173,932 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
330
Multi-Family
0
Businesses
32
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Listed by: Charlotte Boyett Napper • Aycock Realty Group, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202554134
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.