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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% |
Investment property for sale in Lorena at 2912 Gilchrist Dr, Lorena, TX, 76655 earns $330/mo cash flow from $3,308/mo rent with a $1,904/mo payment. Total monthly income totals $3,308/mo, and annual cash flow totals $3,965/yr on $128,954 capital. ROI tracks 22.98% on current figures, and rental yield reads 10.2% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash sums $156,390. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,308/mo property income instead of your personal income.
Single Family
Built in 2018
6,621 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood data shown for ZIP Code: 76655, Lorena, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,436 (100%) |
| Owner Occupied HU | 3,509 (79.1%) |
| Renter Occupied HU | 790 (17.8%) |
| Vacant Housing Units | 137 ( 3.1%) |
| Median Home Value | $337,780 |
| Average Home Value | $372,706 |
Residential
4,436
Single Family
4,436
Multi-Family
0
Businesses
166
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Listed for sale | $389,000 |
| 2021-06-23 | Sold | N/A |
| 2021-05-18 | Pending sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $8752.43 | 2.67% | $408,290 | 3.09% |
| 2023-12-27 | $8525.03 | 0.12% | $396,050 | 11.64% |
| 2022-12-27 | $8514.57 | 42.90% | $354,770 | 31.40% |
Listed by: Marzieh Ziaei • Coldwell Banker Apex, REALTORS
Mls Name: WMLS
Mls Provider:
Mls ID: #226820
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-12-26 22:55:31 PST
