206 N 3rd StLottTX76656
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 206 N 3rd St, Lott, TX, 76656 in Lott delivers $1,732/mo in gross rent and $473/mo in net monthly income at a $177,000 entry. The 11.74% yield and 2.18 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $48,902 over five years and $1,630/yr in equity from loan paydown, total projected return is $98,298.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $473 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,732 |
| Total Monthly Debt Service | $1,188 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76656, Lott, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 771 (67.2%) |
| Renter Occupied HU | 177 (15.4%) |
| Vacant Housing Units | 199 (17.3%) |
| Median Home Value | $188,056 |
| Average Home Value | $246,722 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1957
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76656, Lott, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 771 (67.2%) |
| Renter Occupied HU | 177 (15.4%) |
| Vacant Housing Units | 199 (17.3%) |
| Median Home Value | $188,056 |
| Average Home Value | $246,722 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dustin Tucker • ByOwner.com
Mls Name: NTREIS
Mls ID: #21050089
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.