29 Loma Linda DrElectraTX76360
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 Electra at 29 Loma Linda Dr, Electra, TX, 76360 with 5% annual appreciation on a $198,500 basis while $1,930/mo rent supports operations. Total monthly income totals $1,930/mo and a $972/mo payment preserves $370/mo for cash returns. Annual cash flow comes to $4,435/yr on $65,803 deployed, and return on cash invested reaches 26.65% in year one. Equity gained on principal adds $1,281/yr, and five-year appreciation sums $54,842 alongside rental yield of 11.67%. Five-year ROI measures 141.21% and total cumulative return in cash totals $92,921.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,930/mo property income versus a $972/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in 2023
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76360, Electra, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,509 (100%) |
| Owner Occupied HU | 854 (56.6%) |
| Renter Occupied HU | 382 (25.3%) |
| Vacant Housing Units | 273 (18.1%) |
| Median Home Value | $90,952 |
| Average Home Value | $143,762 |
Housing Distribution
Address Breakdown
Residential
1,235
Single Family
1,235
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices