601 Strada LucaFlorenceTX76527
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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 Florence at 601 Strada Luca, Florence, TX, 76527 offers $1,554/mo rent that, after a $5,922/mo payment. Total monthly income is $1,554/mo. Return on cash invested measures -1.21% in year one, and rental yield stands at 1.54% at a $1,210,000 entry. Equity gained on principal adds $7,808/yr while 5% annual appreciation compounds into $334,301 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,554/mo property income versus a $5,922/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76527, Florence, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,762 (76.9%) |
| Renter Occupied HU | 343 (15.0%) |
| Vacant Housing Units | 186 ( 8.1%) |
| Median Home Value | $543,403 |
| Average Home Value | $679,562 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,825
Multi-Family
6
Businesses
136
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