303 ThirdLindsayTX76250
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Lindsay rental at 303 Third, Lindsay, TX, 76250 sits in the solid-income band: 9.97% gross yield, $2,888/mo rent, $547/mo net after the $2,048/mo debt service, DSCR 1.41. Entry price of $455,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $125,846 and $4,195/yr in principal reduction bring total cumulative return to $151,998.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $547 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,888 |
| Total Monthly Debt Service | $3,058 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76250, Lindsay, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 305 (78.4%) |
| Renter Occupied HU | 53 (13.6%) |
| Vacant Housing Units | 31 ( 8.0%) |
| Median Home Value | $325,000 |
| Average Home Value | $378,582 |
Housing Distribution
Address Breakdown
Residential
148
Single Family
148
Multi-Family
0
Businesses
39
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
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76250, Lindsay, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 305 (78.4%) |
| Renter Occupied HU | 53 (13.6%) |
| Vacant Housing Units | 31 ( 8.0%) |
| Median Home Value | $325,000 |
| Average Home Value | $378,582 |
Housing Distribution
Address Breakdown
Residential
148
Single Family
148
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MISTY SCHMITZ • TIERRA REAL ESTATE
Mls Name: NTREIS
Mls ID: #20925339
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.