407 N Lori CirBastropTX78602
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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 Bastrop at 407 N Lori Cir, Bastrop, TX, 78602 offers $2,519/mo rent that, after a $1,417/mo payment, leaves $451/mo cash flow. Total monthly income is $2,519/mo, and annual cash flow is $5,414/yr on $95,969 cash. Return on cash invested measures 25.55% in year one, and rental yield stands at 10.44% at a $289,500 entry. Equity gained on principal adds $1,868/yr while 5% annual appreciation compounds into $79,984 by year five. Five-year ROI records 134.38% and total cumulative return in cash reaches $128,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,519/mo property income versus a $1,417/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,102 sqft lot
$N/A/sqft
$6 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 11,642 (70.5%) |
| Renter Occupied HU | 3,542 (21.5%) |
| Vacant Housing Units | 1,322 ( 8.0%) |
| Median Home Value | $347,719 |
| Average Home Value | $396,837 |
Housing Distribution
Address Breakdown
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
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