302 Southern Trace DrLufkinTX75901
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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
Investment property for sale in Lufkin at 302 Southern Trace Dr, Lufkin, TX, 75901 listed at $312,000 pairs $1,800/mo rent with a $1,527/mo payment. Total monthly income runs $1,800/mo. Return on cash invested measures 15.05% in year one, and rental yield registers 6.92% at a $312,000 basis. Equity gained on principal adds $2,013/yr, and annual property appreciation at 5% supports $86,200 by year five. Five-year ROI tracks 78.04% and total cumulative return in cash totals $80,711. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75901, Lufkin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,194 (100%) |
| Owner Occupied HU | 7,149 (58.6%) |
| Renter Occupied HU | 3,962 (32.5%) |
| Vacant Housing Units | 1,083 ( 8.9%) |
| Median Home Value | $199,809 |
| Average Home Value | $292,205 |
Housing Distribution
Address Breakdown
Residential
11,922
Single Family
10,375
Multi-Family
1,547
Businesses
1,270
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Listed by: Laura Jones • Superior Realty and Investments
Mls Name: LAR
Mls Provider:
Mls ID: #5104203
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.