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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in La Grange at 355 E Northpointe Ave, La Grange, TX, 78945 offers a 8.92% rental yield on a $322,990 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,581/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,236/yr on $107,071 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $2,084/yr while 5% annual appreciation supports $89,236 over five years. Portfolio math shows five-year ROI at 110.29% and total cumulative return in cash at $118,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listed for sale | $322,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lundon Kinard • Jason Mitchell Real Estate LLC
Mls Name: HAR
Mls Provider:
Mls ID: #60421651
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