388 Carolyn DrLivingstonTX77351
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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 Livingston at 388 Carolyn Dr, Livingston, TX, 77351 generates $870/mo in rent, after a $732/mo payment. Total monthly income is $870/mo. Return on cash invested sits at 15.23% in year one, and rental yield is 6.98% on a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 78.97% and total cumulative return in cash sums $39,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77351, Livingston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,182 (100%) |
| Owner Occupied HU | 11,298 (58.9%) |
| Renter Occupied HU | 3,261 (17.0%) |
| Vacant Housing Units | 4,623 (24.1%) |
| Median Home Value | $218,385 |
| Average Home Value | $271,470 |
Housing Distribution
Address Breakdown
Residential
14,330
Single Family
13,418
Multi-Family
912
Businesses
1,184
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Listed by: Brenda Rhodes • Legacy Real Estate Group
Mls Name: LAR
Mls Provider:
Mls ID: #5104453
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.