2530 County Road 412LexingtonTX78947
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
Investment property for sale in Lexington at 2530 County Road 412, Lexington, TX, 78947 offers a 1.63% rental yield on a $1,370,850 purchase with $1,860/mo rent. 94% in year one. Equity gained on principal adds $8,846/yr while 5% annual appreciation supports $378,741 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,860/mo property income against a $6,710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
88.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78947, Lexington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 320 (13.5%) |
| Vacant Housing Units | 330 (13.9%) |
| Median Home Value | $321,442 |
| Average Home Value | $408,247 |
Housing Distribution
Address Breakdown
Residential
1,818
Single Family
1,794
Multi-Family
24
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryne Roddam • Keller Williams Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #4463326
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-08-14 13:13:51 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is 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. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)