702 1st StLorenzoTX79343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Lorenzo rentals match the income profile of 702 1st St, Lorenzo, TX, 79343. Listed at $225,000, gross rent is $2,114/mo and net cash flow is $514/mo, a 11.28% yield well above national averages. DSCR 2.09 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $62,163 by year five with $2,072/yr in annual principal reduction, projecting $119,328 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.2% |
| Monthly Cash Flow | $514 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,114 |
| Total Monthly Debt Service | $1,510 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79343, Lorenzo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 351 (57.3%) |
| Renter Occupied HU | 138 (22.5%) |
| Vacant Housing Units | 124 (20.2%) |
| Median Home Value | $142,188 |
| Average Home Value | $173,932 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
330
Multi-Family
0
Businesses
32
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
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79343, Lorenzo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 351 (57.3%) |
| Renter Occupied HU | 138 (22.5%) |
| Vacant Housing Units | 124 (20.2%) |
| Median Home Value | $142,188 |
| Average Home Value | $173,932 |
Housing Distribution
Address Breakdown
Residential
330
Single Family
330
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LaShae Griminger • RockOne Realty, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202552405
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.