408 Peace Lily WayTolarTX76476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Tolar at 408 Peace Lily Way, Tolar, TX, 76476 uses $85,162 cash to close to unlock $4,458/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $2,198/mo, and a $1,257/mo payment keeps the spread at $372/mo. Purchase price stands at $256,900, and rental yield measures 10.27% with $2,198/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $70,977 over five years. Five-year ROI reaches 132.15% and total cumulative return in cash records $112,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,198/mo property income covering a $1,257/mo payment rather than investor’s personal income.
Single Family
Built in 2023
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Housing Distribution
Address Breakdown
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices