206 N 3rd StLottTX76656
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
Investment Highlights
Investment property for sale in Lott at 206 N 3rd St, Lott, TX, 76656 offers a 11.74% rental yield on a $177,000 purchase with $1,732/mo rent. Total monthly income registers $1,732/mo, and a $866/mo payment leaves $474/mo available for distribution. Annual cash flow reaches $5,684/yr on $58,676 to close, and return on cash invested stands at 29.6% in year one. Equity gained on principal adds $1,142/yr while 5% annual appreciation supports $48,902 over five years. Portfolio math shows five-year ROI at 156.02% and total cumulative return in cash at $91,547. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,732/mo property income against a $866/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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.