








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,816/mo, and a $6,847/mo payment. Purchase price stands at $1,399,000, and rental yield measures 1.56% with $1,816/mo rent. Return on cash invested shows -1.16% in year one, and 5% annual appreciation builds toward $386,518 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,816/mo property income covering a $6,847/mo payment rather than investor’s personal income.
Apartment
Built in 2000
32.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
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: Mechelle Tyler • HARBCO Realty
Mls Name: NTREIS
Mls ID: #21036650