53 E Lakeshore DrRansom CanyonTX79366
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
Rental property for sale in Ransom Canyon at 53 E Lakeshore Dr, Ransom Canyon, TX, 79366 priced at $500,000 pairs $2,830/mo rent with after a $2,447/mo payment. Total monthly income equals $2,830/mo. Return on cash invested is 14.66% in year one, and rental yield stands at 6.79% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 75.89% and total cumulative return in cash reaches $125,792. For financing, Ziffy Mortgage’s DSCR program evaluates $2,830/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phyliss Lutrick • Berkshire Hathaway HomeService
Mls Name: LBMLS
Mls ID: #202556118