511 W Lake StKrumTX76249
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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 Krum at 511 W Lake St, Krum, TX, 76249 earns $428/mo cash flow from $2,099/mo rent with a $1,150/mo payment. Total monthly income totals $2,099/mo, and annual cash flow totals $5,137/yr on $77,903 capital. ROI tracks 26.5% on current figures, and rental yield reads 10.72% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 139.47% and total cumulative return in cash sums $108,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,099/mo property income instead of your personal income.
Single Family
Built in 1957
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76249, Krum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,952 (100%) |
| Owner Occupied HU | 3,057 (77.4%) |
| Renter Occupied HU | 744 (18.8%) |
| Vacant Housing Units | 151 ( 3.8%) |
| Median Home Value | $449,381 |
| Average Home Value | $571,968 |
Housing Distribution
Address Breakdown
Residential
3,755
Single Family
3,590
Multi-Family
165
Businesses
218
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