3306 Fm 1697, Ledbetter, TX, 78946 | $183/mo Cash Flow

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3306 Fm 1697, Ledbetter, TX, 78946 | $183/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ledbetter at 3306 Fm 1697, Ledbetter, TX, 78946 uses $91,129 cash to close to unlock $2,192/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $2,137/mo, and a $1,346/mo payment keeps the spread at $183/mo. Purchase price stands at $274,900, and rental yield measures 9.33% with $2,137/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 116.95% and total cumulative return in cash records $106,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,137/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Manufactured

Built in 2023

1.87 Acres lot

$N/A/sqft

No HOA

More details about the property

Great 1.871 acre tract with a brand new Clayton Homes Manufactured Home. The Morocco floor plan features 4 bedrooms and 2 bathrooms, almost 1800 square feet of living space including a separate family and living room. This home features Energy Star certified construction and LP Smartside exterior siding. Front door opens into an open concept living room that leads into a kitchen that has a great island, solid surface kitchen countertops and plenty of cabinets and a separate coffee bar space. Home come completes with built in dishwasher, stove, microwave and refrigerator. Master bedroom features a great walk in closet and beautiful ensuite bathroom with a double vanity, space for a make up table and great cabinets. There is a detached 24x25 2 car garage on a concrete slab, a 8'x20' covered deck on the front of the house and a 6'x8' uncovered porch on the back.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78946, Ledbetter, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	605 (100%)
Owner Occupied HU	363 (60.0%)
Renter Occupied HU	70 (11.6%)
Vacant Housing Units	172 (28.4%)
Median Home Value	$244,048
Average Home Value	$334,821