312 E Jones StLulingTX78648
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 312 E Jones St, Luling, TX, 78648 priced at $135,000 pairs $1,085/mo rent with $125/mo cash flow after a $661/mo payment. Total monthly income equals $1,085/mo, and annual cash flow comes to $1,497/yr on $44,753 invested. Return on cash invested is 23.25% in year one, and rental yield stands at 9.64% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 122.01% and total cumulative return in cash reaches $54,601. For financing, Ziffy Mortgage’s DSCR program evaluates $1,085/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
6,499 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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