307 Lnb StreetBuchanan DamTX78609
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 Buchanan Dam at 307 Lnb Street, Buchanan Dam, TX, 78609 priced at $180,000 pairs $1,392/mo rent with $112/mo cash flow after a $881/mo payment. Total monthly income equals $1,392/mo, and annual cash flow comes to $1,344/yr on $59,670 invested. Return on cash invested is 22.16% in year one, and rental yield stands at 9.28% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 116.11% and total cumulative return in cash reaches $69,281. For financing, Ziffy Mortgage’s DSCR program evaluates $1,392/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2020
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78609, Buchanan Dam, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 795 (54.0%) |
| Renter Occupied HU | 224 (15.2%) |
| Vacant Housing Units | 452 (30.7%) |
| Median Home Value | $362,500 |
| Average Home Value | $444,676 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
999
Multi-Family
0
Businesses
130
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Listed by: Kelsey L Osborne • KW-Austin Portfolio Real Estate
Mls Name: HLMLS
Mls ID: #176109