603 Fm 2436La GrangeTX78945
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
Investment property for sale in La Grange at 603 Fm 2436, La Grange, TX, 78945 uses $43,062 cash to close to unlock $1,141/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,019/mo, and a $636/mo payment keeps the spread at $95/mo. Purchase price stands at $129,900, and rental yield measures 9.41% with $1,019/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 118.4% and total cumulative return in cash records $50,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,019/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Housing Distribution
Address Breakdown
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices