2408 Blairs Landing RdKarnackTX75661
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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 Karnack at 2408 Blairs Landing Rd, Karnack, TX, 75661 priced at $127,500 converts $1,244/mo rent into $337/mo cash flow after a $624/mo obligation. Total monthly income equals $1,244/mo, and annual cash flow totals $4,048/yr on $42,266 invested. Return on cash invested prints 29.49% in year one, and rental yield reads 11.71% against a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation compiles into $35,226 by year five. Five-year ROI reaches 155.52% and total cumulative return in cash sums $65,734. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,244/mo property income covering a $624/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75661, Karnack, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 964 (59.9%) |
| Renter Occupied HU | 166 (10.3%) |
| Vacant Housing Units | 480 (29.8%) |
| Median Home Value | $234,167 |
| Average Home Value | $316,465 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,270
Multi-Family
25
Businesses
57
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