624 Berger RdLa 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
Rental property for sale in La Grange at 624 Berger Rd, La Grange, TX, 78945 priced at $698,000 pairs $1,708/mo rent with after a $3,416/mo payment. Total monthly income equals $1,708/mo. Return on cash invested is 3.05% in year one, and rental yield stands at 2.94% on a $698,000 basis. Equity gained on principal adds $4,504/yr, and 5% annual appreciation accumulates to $192,845 by year five. Five-year ROI measures 13.62% and total cumulative return in cash reaches $31,284. For financing, Ziffy Mortgage’s DSCR program evaluates $1,708/mo property income against a $3,416/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
49.78 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices