302 HOLLY AVELulingTX78648
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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 Luling at 302 HOLLY AVE, Luling, TX, 78648 priced at $270,000 converts $2,138/mo rent into $218/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,138/mo, and annual cash flow totals $2,610/yr on $89,505 invested. Return on cash invested prints 22.83% in year one, and rental yield reads 9.5% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 119.7% and total cumulative return in cash sums $107,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,138/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 2021
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78648, Luling, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,199 (60.1%) |
| Renter Occupied HU | 1,020 (27.9%) |
| Vacant Housing Units | 441 (12.0%) |
| Median Home Value | $230,417 |
| Average Home Value | $257,386 |
Housing Distribution
Address Breakdown
Residential
3,179
Single Family
3,012
Multi-Family
167
Businesses
325
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Listed by: Linda Sanchez • Hall American Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1826301
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.