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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% |
Investment property for sale in Luling at 408 Griffin St, Luling, TX, 78648 earns $201/mo cash flow from $1,979/mo rent with a $1,224/mo payment. Total monthly income totals $1,979/mo, and annual cash flow totals $2,410/yr on $82,875 capital. ROI tracks 22.82% on current figures, and rental yield reads 9.5% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 119.64% and total cumulative return in cash sums $99,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,979/mo property income instead of your personal income.
Single Family
Built in 2024
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78648, Luling, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,199 (60.1%) |
| Renter Occupied HU | 1,020 (27.9%) |
| Vacant Housing Units | 441 (12.0%) |
| Median Home Value | $230,417 |
| Average Home Value | $257,386 |
Residential
3,179
Single Family
3,012
Multi-Family
167
Businesses
325
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Quartermetra Hughes • NEXTHOME MODERN
Mls Name: Unlock MLS
Mls ID: #9497784
