518 E Cypress, Lott, TX, 76656 | Equity Gain $4,840/yr

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518 E Cypress, Lott, TX, 76656 | Equity Gain $4,840/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lott at 518 E Cypress, Lott, TX, 76656 earns from $983/mo rent with a $3,671/mo payment. Total monthly income totals $983/mo. ROI tracks -1.1% on current figures, and rental yield reads 1.57% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $983/mo property income instead of your personal income.

Multi Family

Built in 1984

1.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Located approximately 30 minutes from both Waco and Temple, this 12-unit multifamily property at 518 Cypress Rd in Lott, TX offers a solid opportunity for buyers seeking a value-add investment in Central Texas. The property consists of three residential buildings, each featuring four 2 bedroom 1 bathroom units of approximately 875 sq. ft. each, as well as a separate building that includes an on-site laundry facility and office space. Several units are currently occupied, while others may require updates or repairs, presenting an opportunity for repositioning over time. The location provides convenient access to major highways and nearby employment centers, which helps support ongoing rental demand. Prospective buyers are encouraged to independently verify all financials, occupancy, and condition of the property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76656, Lott, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,147 (100%)
Owner Occupied HU	771 (67.2%)
Renter Occupied HU	177 (15.4%)
Vacant Housing Units	199 (17.3%)
Median Home Value	$188,056
Average Home Value	$246,722