302 E Center St, Lorena, TX, 76655 | $565/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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302 E Center St, Lorena, TX, 76655 | $565/mo Cash Flow | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lorena at 302 E Center St, Lorena, TX, 76655 priced at $275,000 pairs $2,521/mo rent with $565/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,521/mo, and annual cash flow comes to $6,785/yr on $91,163 invested. Return on cash invested is 27.35% in year one, and rental yield stands at 11% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 143.99% and total cumulative return in cash reaches $131,267. For financing, Ziffy Mortgage’s DSCR program evaluates $2,521/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1985

7,013 sqft lot

$N/A/sqft

No HOA

More details about the property

Set near a backdrop of mature trees in the heart of Lorena, this log-style home offers warmth, space, and soul. The wide front covered porch welcomes you in with room to sit awhile and enjoy the comfort of small-town life where folks still wave hello and the pace feels just right. Inside, the living area opens up under exposed beams with rich wood detail, stained concrete floors, and a wood-burning fireplace that adds just the right kind of comfort. The kitchen brings together rustic charm and practical updates, featuring stainless steel appliances, vintage-style cabinetry, and a passthrough bar that connects easily to the dining area. Upstairs, all three bedrooms feel tucked away and quiet, with sloped ceilings, warm wood accents, and plenty of natural light. The full bath features slate tile while the downstairs half bath adds convenience. Out back, the large deck leads to a private yard shaded by nearby trees, with a storage shed and plenty of room to create your own peaceful space. Just minutes from the major shopping and medical hub at I-35 and Hwy 6, this home offers the ease of nearby amenities with the charm of Lorenas slower, sweeter rhythm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76655, Lorena, TX area.

Housing Distribution

Housing Statistics

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