306 Wild Goose DrLulingTX78648
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
Rental property for sale in Luling at 306 Wild Goose Dr, Luling, TX, 78648 priced at $232,990 converts $2,250/mo rent into $594/mo cash flow after a $1,140/mo obligation. Total monthly income equals $2,250/mo, and annual cash flow totals $7,122/yr on $77,236 invested. Return on cash invested prints 29.13% in year one, and rental yield reads 11.59% against a $232,990 entry. Equity gained on principal adds $1,503/yr, while 5% annual appreciation compiles into $64,371 by year five. Five-year ROI reaches 153.53% and total cumulative return in cash sums $118,581. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,250/mo property income covering a $1,140/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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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