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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lipan at 6604 Aransas Ct, Lipan, TX, 76462 generates $1,816/mo in rent, after a $1,468/mo payment. Total monthly income is $1,816/mo. Return on cash invested sits at 16.08% in year one, and rental yield is 7.26% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 83.52% and total cumulative return in cash sums $83,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,816/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10.99 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jessica Bronstad • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #21090951
