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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 Lytle at 247 Covey, Lytle, TX, 78052 priced at $480,000 pairs $1,535/mo rent with after a $2,349/mo payment. Total monthly income equals $1,535/mo. Return on cash invested is 5.75% in year one, and rental yield stands at 3.84% on a $480,000 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 28.09% and total cumulative return in cash reaches $44,693. For financing, Ziffy Mortgage’s DSCR program evaluates $1,535/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
5.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78052, Lytle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,848 (100%) |
| Owner Occupied HU | 2,135 (75.0%) |
| Renter Occupied HU | 474 (16.6%) |
| Vacant Housing Units | 239 ( 8.4%) |
| Median Home Value | $188,874 |
| Average Home Value | $216,367 |
Residential
1,766
Single Family
1,765
Multi-Family
1
Businesses
241
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Fred Wilburn • Real Broker, LLC
Mls Name: LERA MLS
Mls ID: #1928472
