302 Spring Brook CtLumbertonTX77657
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lumberton at 302 Spring Brook Ct, Lumberton, TX, 77657 at $588,800 posts ROI 21.56% with $243/mo cash flow from $4,430/mo rent. Total monthly income equals $4,430/mo, and annual cash flow records $2,914/yr on $193,715 to close. Return on cash invested measures 21.56% and rental yield reads 9.03% at the current $588,800. Equity gained on principal adds $3,799/yr, and 5% annual appreciation supports $162,675 by year five. Five-year ROI prints 112.91% and total cumulative return in cash totals $218,723.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,430/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77657, Lumberton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,451 (100%) |
| Owner Occupied HU | 6,965 (73.7%) |
| Renter Occupied HU | 1,796 (19.0%) |
| Vacant Housing Units | 690 ( 7.3%) |
| Median Home Value | $254,632 |
| Average Home Value | $284,575 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
8,794
Multi-Family
576
Businesses
605
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