324 Chestnut LnRobert LeeTX76945
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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 Robert Lee at 324 Chestnut Ln, Robert Lee, TX, 76945 uses $39,449 cash to close to unlock $651/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $900/mo, and a $582/mo payment keeps the spread at $54/mo. Purchase price stands at $119,000, and rental yield measures 9.08% with $900/mo rent. Return on cash invested shows 21.56% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 112.99% and total cumulative return in cash records $44,573. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $900/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76945, Robert Lee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 596 (53.8%) |
| Renter Occupied HU | 163 (14.7%) |
| Vacant Housing Units | 348 (31.4%) |
| Median Home Value | $104,360 |
| Average Home Value | $140,294 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
71
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Listed by: Brooke Atkins. Broker/Owner. RENE, SRS, ABR • Atkins Realty
Mls Name: PBBR
Mls Provider:
Mls ID: #50079834
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.