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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 La Grange at 2439 State Highway 159, La Grange, TX, 78945 generates $3,847/mo in rent and, after a $2,423/mo payment, leaves $327/mo in cash flow. Total monthly income is $3,847/mo, and annual cash flow is $3,921/yr on $164,093 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 9.33% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 116.87% and total cumulative return in cash sums $191,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,847/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
5.06 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Date | Event | Price |
|---|---|---|
| 2024-06-20 | Price change | $495,000 |
| 2024-05-21 | Listed for sale | $549,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1725.94 | 25.13% | $295,706 | 54.46% |
| 2022-08-14 | $1379.33 | -15.60% | $191,440 | 1.06% |
| 2021-08-14 | $1634.35 | N/A | $189,430 | 1.30% |
Listed by: Deborah Behringer • Hart Land Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #7706165
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