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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lorena at 2205 Paddington Way, Lorena, TX, 76655 priced at $549,990 converts $3,280/mo rent into after a $2,692/mo obligation. Total monthly income equals $3,280/mo. Return on cash invested prints 15.38% in year one, and rental yield reads 7.16% against a $549,990 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,952 by year five. Five-year ROI reaches 79.91% and total cumulative return in cash sums $144,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,280/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,615 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood data shown for ZIP Code: 76655, Lorena, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,436 (100%) |
| Owner Occupied HU | 3,509 (79.1%) |
| Renter Occupied HU | 790 (17.8%) |
| Vacant Housing Units | 137 ( 3.1%) |
| Median Home Value | $337,780 |
| Average Home Value | $372,706 |
Residential
4,436
Single Family
4,436
Multi-Family
0
Businesses
166
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Listed for sale | $549,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $678.38 | -45.17% | $31,920 | -44.01% |
| 2023-02-13 | $1237.17 | 2.04% | $57,010 | 14.73% |
| 2022-02-13 | $1212.42 | 39.24% | $49,690 | 45.08% |
Listed by: Douglas Eastland • Weichert, Realtors - The Eastland Group
Mls Name: WMLS
Mls Provider:
Mls ID: #226414
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 04:53:25 PST
