3267 State Highway 137LenorahTX79749
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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 Lenorah at 3267 State Highway 137, Lenorah, TX, 79749 offers a 8.1% rental yield on a $205,000 purchase with $1,384/mo rent. 61% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 97.11% and total cumulative return in cash at $65,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,384/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79749, Lenorah, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 129 (62.3%) |
| Renter Occupied HU | 38 (18.4%) |
| Vacant Housing Units | 40 (19.3%) |
| Median Home Value | $207,353 |
| Average Home Value | $270,271 |
Housing Distribution
Address Breakdown
Residential
87
Single Family
87
Multi-Family
0
Businesses
15
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