523 Calla Lily WayTolarTX76476
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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 Tolar at 523 Calla Lily Way, Tolar, TX, 76476 generates $2,640/mo in rent and, after a $1,761/mo payment, leaves $81/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $975/yr on $119,303 invested. Return on cash invested sits at 20.73% in year one, and rental yield is 8.8% on a $359,888 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,430 over five years. Five-year ROI reaches 108.45% and total cumulative return in cash sums $129,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Housing Distribution
Address Breakdown
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
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Listed by: Becky Gibson • BLVD Group
Mls Name: NTREIS
Mls ID: #20767753
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.