501 Lake Point StLa JoyaTX78560
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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
Investment property for sale in La Joya at 501 Lake Point St, La Joya, TX, 78560 with 5% annual appreciation on a $285,000 basis while $2,012/mo rent supports operations. 24% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 8.47%. Five-year ROI measures 95.65% and total cumulative return in cash totals $90,366. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,012/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
0.27 Acres lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78560, La Joya, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,206 (60.7%) |
| Renter Occupied HU | 554 (27.9%) |
| Vacant Housing Units | 227 (11.4%) |
| Median Home Value | $119,742 |
| Average Home Value | $138,978 |
Housing Distribution
Address Breakdown
Residential
1,558
Single Family
1,558
Multi-Family
0
Businesses
110
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