406 LorraineSanta RosaTX78593
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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 Santa Rosa at 406 Lorraine, Santa Rosa, TX, 78593 priced at $148,999 pairs $1,117/mo rent with $58/mo cash flow after a $729/mo payment. Total monthly income equals $1,117/mo, and annual cash flow comes to $693/yr on $49,393 invested. Return on cash invested is 21.31% in year one, and rental yield stands at 9% on a $148,999 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 111.59% and total cumulative return in cash reaches $55,120. For financing, Ziffy Mortgage’s DSCR program evaluates $1,117/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78593, Santa Rosa, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,866 (100%) |
| Owner Occupied HU | 1,267 (67.9%) |
| Renter Occupied HU | 401 (21.5%) |
| Vacant Housing Units | 198 (10.6%) |
| Median Home Value | $160,212 |
| Average Home Value | $190,128 |
Housing Distribution
Address Breakdown
Residential
834
Single Family
784
Multi-Family
50
Businesses
25
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Listed by: Maggie Harris • KELLER WILLIAMS REALTY RIO GRANDE VALLEY
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29752950
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.