490 Hidden Grove CtLumbertonTX77656
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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 Lumberton at 490 Hidden Grove Ct, Lumberton, TX, 77656 priced at $254,900 pairs $0/mo rent with after a $1,248/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.84% in year one, and rental yield stands at 0% on a $254,900 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,424 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77656, Silsbee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,878 (100%) |
| Owner Occupied HU | 5,225 (66.3%) |
| Renter Occupied HU | 1,701 (21.6%) |
| Vacant Housing Units | 952 (12.1%) |
| Median Home Value | $169,341 |
| Average Home Value | $191,769 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,650
Multi-Family
272
Businesses
550
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices