4105 Lomax Harmel RdCarmineTX78932
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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
Total monthly income runs $1,536/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 2.64% with $1,536/mo rent. Return on cash invested shows 2.14% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 8.74% and total cumulative return in cash records $20,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,536/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 1993
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78932, Carmine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 596 (100%) |
| Owner Occupied HU | 331 (55.5%) |
| Renter Occupied HU | 63 (10.6%) |
| Vacant Housing Units | 202 (33.9%) |
| Median Home Value | $343,182 |
| Average Home Value | $506,352 |
Housing Distribution
Address Breakdown
Residential
380
Single Family
380
Multi-Family
0
Businesses
42
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