300 Fm 1199LindsayTX76250
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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
Rental property for sale in Lindsay at 300 Fm 1199, Lindsay, TX, 76250 generates $2,342/mo in rent, after a $5,384/mo payment. Total monthly income is $2,342/mo. Return on cash invested sits at 1.92% in year one, and rental yield is 2.55% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 7.5% and total cumulative return in cash sums $26,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,342/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
31.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76250, Lindsay, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 305 (78.4%) |
| Renter Occupied HU | 53 (13.6%) |
| Vacant Housing Units | 31 ( 8.0%) |
| Median Home Value | $325,000 |
| Average Home Value | $378,582 |
Housing Distribution
Address Breakdown
Residential
148
Single Family
148
Multi-Family
0
Businesses
39
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Listed by: MISTY SCHMITZ • TIERRA REAL ESTATE
Mls Name: NTREIS
Mls ID: #20614841
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.