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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 Lott at 407 S 2nd St, Lott, TX, 76656 offers $1,387/mo rent that, after a $881/mo payment, leaves $107/mo cash flow. Total monthly income is $1,387/mo, and annual cash flow is $1,287/yr on $59,637 cash. Return on cash invested measures 22.07% in year one, and rental yield stands at 9.25% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 115.72% and total cumulative return in cash reaches $69,009. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,387/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76656, Lott, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 771 (67.2%) |
| Renter Occupied HU | 177 (15.4%) |
| Vacant Housing Units | 199 (17.3%) |
| Median Home Value | $188,056 |
| Average Home Value | $246,722 |
Residential
915
Single Family
915
Multi-Family
0
Businesses
71
Date | Event | Price |
|---|---|---|
| 2025-08-11 | Listed for sale | $179,900 |
| 2025-08-05 | Listing removed | $184,900 |
| 2025-07-08 | Price change | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mercedes Lane • Agents Of Texas, LLC
Mls Name: NTREIS
Mls ID: #21028205
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.
