303 N Lamar StTiogaTX76271
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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 Tioga at 303 N Lamar St, Tioga, TX, 76271 generates $1,136/mo in rent and, after a $729/mo payment, leaves $77/mo in cash flow. Total monthly income is $1,136/mo, and annual cash flow is $921/yr on $49,394 invested. Return on cash invested sits at 21.77% in year one, and rental yield is 9.15% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 114.1% and total cumulative return in cash sums $56,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,136/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76271, Tioga, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 838 (100%) |
| Owner Occupied HU | 653 (77.9%) |
| Renter Occupied HU | 140 (16.7%) |
| Vacant Housing Units | 45 ( 5.4%) |
| Median Home Value | $357,692 |
| Average Home Value | $420,819 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
680
Multi-Family
15
Businesses
93
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Listed by: KIM HALL • Hall Real Estate
Mls Name: NTREIS
Mls ID: #20710436
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.