305 Ivy AveLulingTX78648
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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 Luling at 305 Ivy Ave, Luling, TX, 78648 offers a 11.41% rental yield on a $167,999 purchase with $1,597/mo rent. Total monthly income registers $1,597/mo, and a $822/mo payment leaves $403/mo available for distribution. Annual cash flow reaches $4,831/yr on $55,692 to close, and return on cash invested stands at 28.58% in year one. Equity gained on principal adds $1,084/yr while 5% annual appreciation supports $46,415 over five years. Portfolio math shows five-year ROI at 150.62% and total cumulative return in cash at $83,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,597/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
5,819 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78648, Luling, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,199 (60.1%) |
| Renter Occupied HU | 1,020 (27.9%) |
| Vacant Housing Units | 441 (12.0%) |
| Median Home Value | $230,417 |
| Average Home Value | $257,386 |
Housing Distribution
Address Breakdown
Residential
3,179
Single Family
3,012
Multi-Family
167
Businesses
325
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