639 S Washington 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
Rental property for sale in La Grange at 639 S Washington St, La Grange, TX, 78945 priced at $224,200 pairs $2,122/mo rent with $478/mo cash flow after a $1,097/mo payment. Total monthly income equals $2,122/mo, and annual cash flow comes to $5,733/yr on $74,322 invested. Return on cash invested is 27.62% in year one, and rental yield stands at 11.36% on a $224,200 basis. Equity gained on principal adds $1,447/yr, and 5% annual appreciation accumulates to $61,942 by year five. Five-year ROI measures 145.71% and total cumulative return in cash reaches $108,298. For financing, Ziffy Mortgage’s DSCR program evaluates $2,122/mo property income against a $1,097/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.32 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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