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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% |
Rental property for sale in La Grange at 365 E Northpointe Ave, La Grange, TX, 78945 generates $2,400/mo in rent and, after a $1,493/mo payment, leaves $231/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $2,771/yr on $101,104 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 9.44% on a $304,990 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,263 over five years. Five-year ROI reaches 118.74% and total cumulative return in cash sums $120,055. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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 | $304,990 |
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: #3795618
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