6699 Georgetown LnLumbertonTX77657
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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 Lumberton at 6699 Georgetown Ln, Lumberton, TX, 77657 offers $3,196/mo rent that, after a $1,958/mo payment, leaves $351/mo cash flow. Total monthly income is $3,196/mo, and annual cash flow is $4,216/yr on $132,600 cash. Return on cash invested measures 23.09% in year one, and rental yield stands at 9.59% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 121.12% and total cumulative return in cash reaches $160,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,196/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77657, Lumberton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,451 (100%) |
| Owner Occupied HU | 6,965 (73.7%) |
| Renter Occupied HU | 1,796 (19.0%) |
| Vacant Housing Units | 690 ( 7.3%) |
| Median Home Value | $254,632 |
| Average Home Value | $284,575 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
8,794
Multi-Family
576
Businesses
605
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Listed by: Lacy Patterson • Hometown Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #255502
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.