509 N Neu DrLindsayTX76250
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 Lindsay at 509 N Neu Dr, Lindsay, TX, 76250 listed at $417,000 pairs $2,036/mo rent with a $2,041/mo payment. Total monthly income runs $2,036/mo. Return on cash invested measures 11.84% in year one, and rental yield registers 5.86% at a $417,000 basis. Equity gained on principal adds $2,691/yr, and annual property appreciation at 5% supports $115,209 by year five. Five-year ROI tracks 60.78% and total cumulative return in cash totals $84,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,036/mo property income relative to a $2,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76250, Lindsay, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 305 (78.4%) |
| Renter Occupied HU | 53 (13.6%) |
| Vacant Housing Units | 31 ( 8.0%) |
| Median Home Value | $325,000 |
| Average Home Value | $378,582 |
Housing Distribution
Address Breakdown
Residential
148
Single Family
148
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices