608 Shoal Rdg S, Lorena, TX, 76655 | $213/mo Cash Flow

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608 Shoal Rdg S, Lorena, TX, 76655 | $213/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lorena at 608 Shoal Rdg S, Lorena, TX, 76655 offers a 9.29% rental yield on a $339,900 purchase with $2,630/mo rent. Total monthly income registers $2,630/mo, and a $1,664/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,551/yr on $112,677 to close, and return on cash invested stands at 22.17% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 116.2% and total cumulative return in cash at $130,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,630/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

10,628 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 4-bedroom, 2-bath home nestled in one of Lorenas most serene neighborhoods. Set on a quiet street with no back neighbors and picturesque views of Redbud Lake, this home offers a rare blend of privacy, comfort, and convenience. Enjoy the tranquil setting with mature trees, while being just a short walk to highly-rated Lorena schools and only minutes from Waco, shopping, dining, and major highways. Step inside to find a move-in ready interior featuring: New HVAC system for energy-efficient comfort New French door leading to a peaceful backyard with lake views New roof, dishwasher, and disposal A warm, functional layout ideal for families or anyone seeking quiet living with city proximity Excellent curb appeal with classic brick exterior Whether youre sipping your morning coffee by the lake or enjoying family dinners in a quiet, connected neighborhoodthis home is the perfect retreat. Dont miss your chance to own this gem in Lorena, Texas

Neighborhood Data

Neighborhood data shown for ZIP Code: 76655, Lorena, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,436 (100%)
Owner Occupied HU	3,509 (79.1%)
Renter Occupied HU	790 (17.8%)
Vacant Housing Units	137 ( 3.1%)
Median Home Value	$337,780
Average Home Value	$372,706