34 S Lakeshore DrRansom CanyonTX79366
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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
Rental property for sale in Ransom Canyon at 34 S Lakeshore Dr, Ransom Canyon, TX, 79366 priced at $689,000 pairs $3,301/mo rent with after a $3,372/mo payment. Total monthly income equals $3,301/mo. Return on cash invested is 9.94% in year one, and rental yield stands at 5.75% on a $689,000 basis. Equity gained on principal adds $4,446/yr, and 5% annual appreciation accumulates to $190,358 by year five. Five-year ROI measures 51.18% and total cumulative return in cash reaches $116,022. For financing, Ziffy Mortgage’s DSCR program evaluates $3,301/mo property income against a $3,372/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
0.28 Acres lot
$N/A/sqft
$60 annually HOA
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Listed by: Kerri Shields • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202552188
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.