611 S Franklin StLa GrangeTX78945
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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
Investment property for sale in La Grange at 611 S Franklin St, La Grange, TX, 78945 earns $228/mo cash flow from $2,212/mo rent with a $1,366/mo payment. Total monthly income totals $2,212/mo, and annual cash flow totals $2,731/yr on $92,489 capital. ROI tracks 22.86% on current figures, and rental yield reads 9.51% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 119.89% and total cumulative return in cash sums $110,887. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,212/mo property income instead of your personal income.
Single Family
Built in 1875
0.27 Acres 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
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