280 Lcr 737ThorntonTX76687
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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
Investment property for sale in Thornton at 280 Lcr 737, Thornton, TX, 76687 listed at $599,000 pairs $832/mo rent with a $2,932/mo payment. Total monthly income runs $832/mo. Return on cash invested measures -0.81% in year one, and rental yield registers 1.67% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $832/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76687, Thornton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,037 (100%) |
| Owner Occupied HU | 553 (53.3%) |
| Renter Occupied HU | 102 ( 9.8%) |
| Vacant Housing Units | 382 (36.8%) |
| Median Home Value | $262,321 |
| Average Home Value | $262,007 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
26
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Listed by: Kodi Elwood • Greater Waco Realty, LLC
Mls Name: NTREIS
Mls ID: #21043750
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.