3590 Chuckwagon RdLulingTX78648
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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 Luling at 3590 Chuckwagon Rd, Luling, TX, 78648 priced at $520,000 converts $2,250/mo rent into after a $2,545/mo obligation. Total monthly income equals $2,250/mo. Return on cash invested prints 9.91% in year one, and rental yield reads 5.19% against a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,666 by year five. Five-year ROI reaches 50.4% and total cumulative return in cash sums $86,231. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,250/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Manufactured
Built in 2019
9.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78648, Luling, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,199 (60.1%) |
| Renter Occupied HU | 1,020 (27.9%) |
| Vacant Housing Units | 441 (12.0%) |
| Median Home Value | $230,417 |
| Average Home Value | $257,386 |
Housing Distribution
Address Breakdown
Residential
3,179
Single Family
3,012
Multi-Family
167
Businesses
325
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