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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Luling at 601 E Bowie, Luling, TX, 78648 offers $2,461/mo rent that, after a $2,349/mo payment. Total monthly income is $2,461/mo. Return on cash invested measures 12.73% in year one, and rental yield stands at 6.15% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 65.54% and total cumulative return in cash reaches $104,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,461/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78648, Luling, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 2,199 (60.1%) |
| Renter Occupied HU | 1,020 (27.9%) |
| Vacant Housing Units | 441 (12.0%) |
| Median Home Value | $230,417 |
| Average Home Value | $257,386 |
Residential
3,179
Single Family
3,012
Multi-Family
167
Businesses
325
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Listed for sale | $480,000 |
| 1999-05-10 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $325,209 | 9.16% |
| 2023-02-13 | $2015.46 | -37.34% | $297,921 | 9.08% |
| 2022-02-13 | $3216.66 | 0.86% | $273,114 | 11.22% |
Listed by: Scott Schwandt • RE/MAX GO - NB
Mls Name: SABOR
Mls Provider:
Mls ID: #1824373
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.
