232 Spring Brook CtLumbertonTX77657
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
Rental property for sale in Lumberton at 232 Spring Brook Ct, Lumberton, TX, 77657 priced at $413,400 pairs $3,673/mo rent with $734/mo cash flow after a $2,023/mo payment. Total monthly income equals $3,673/mo, and annual cash flow comes to $8,804/yr on $137,042 invested. Return on cash invested is 26.33% in year one, and rental yield stands at 10.66% on a $413,400 basis. Equity gained on principal adds $2,668/yr, and 5% annual appreciation accumulates to $114,215 by year five. Five-year ROI measures 138.51% and total cumulative return in cash reaches $189,815. For financing, Ziffy Mortgage’s DSCR program evaluates $3,673/mo property income against a $2,023/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77657, Lumberton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,451 (100%) |
| Owner Occupied HU | 6,965 (73.7%) |
| Renter Occupied HU | 1,796 (19.0%) |
| Vacant Housing Units | 690 ( 7.3%) |
| Median Home Value | $254,632 |
| Average Home Value | $284,575 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
8,794
Multi-Family
576
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices