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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 Lometa at 302 S 5th St, Lometa, TX, 76853 with 5% annual appreciation on a $229,500 basis while $2,915/mo rent supports operations. Total monthly income totals $2,915/mo and a $1,123/mo payment preserves $1,283/mo for cash returns. Annual cash flow comes to $15,399/yr on $76,079 deployed, and return on cash invested reaches 40.15% in year one. Equity gained on principal adds $1,481/yr, and five-year appreciation sums $63,407 alongside rental yield of 15.24%. Five-year ROI measures 212.64% and total cumulative return in cash totals $161,778.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,915/mo property income versus a $1,123/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.47 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-08-22 | Contingent | $215,000 |
| 2024-08-22 | Pending sale | $215,000 |
| 2024-08-08 | Price change | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-08-31 | $3629.30 | N/A | $184,350 | 45.85% |
| 2021-08-31 | N/A | N/A | $126,400 | 26.49% |
| 2020-08-31 | N/A | N/A | $99,930 | 79.79% |
Listed by: Terri Harris • DH LAND COMPANY
Mls Name: NTREIS
Mls ID: #20618384
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