307 Lagarto WayPinehurstTX77362
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 Pinehurst at 307 Lagarto Way, Pinehurst, TX, 77362 priced at $549,000 pairs $4,273/mo rent with $269/mo cash flow after a $2,687/mo payment. Total monthly income equals $4,273/mo, and annual cash flow comes to $3,229/yr on $180,621 invested. Return on cash invested is 21.85% in year one, and rental yield stands at 9.34% on a $549,000 basis. Equity gained on principal adds $3,543/yr, and 5% annual appreciation accumulates to $151,679 by year five. Five-year ROI measures 114.69% and total cumulative return in cash reaches $207,152. For financing, Ziffy Mortgage’s DSCR program evaluates $4,273/mo property income against a $2,687/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
8,921 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77362, Pinehurst, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,097 (100%) |
| Owner Occupied HU | 2,642 (85.3%) |
| Renter Occupied HU | 307 ( 9.9%) |
| Vacant Housing Units | 148 ( 4.8%) |
| Median Home Value | $452,486 |
| Average Home Value | $488,753 |
Housing Distribution
Address Breakdown
Residential
3,103
Single Family
3,103
Multi-Family
0
Businesses
344
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Listed by: Tracy Hawthorne • RE/MAX Partners
Mls Name: HAR
Mls Provider:
Mls ID: #32342692
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