704 Wheeler StLufkinTX75901
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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
Investment property for sale in Lufkin at 704 Wheeler St, Lufkin, TX, 75901 at $310,000 posts ROI 35.04% with $1,296/mo cash flow from $3,500/mo rent. Total monthly income equals $3,500/mo, and annual cash flow records $15,550/yr on $102,765 to close. Return on cash invested measures 35.04% and rental yield reads 13.55% at the current $310,000. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 by year five. Five-year ROI prints 185.18% and total cumulative return in cash totals $190,303.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75901, Lufkin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,194 (100%) |
| Owner Occupied HU | 7,149 (58.6%) |
| Renter Occupied HU | 3,962 (32.5%) |
| Vacant Housing Units | 1,083 ( 8.9%) |
| Median Home Value | $199,809 |
| Average Home Value | $292,205 |
Housing Distribution
Address Breakdown
Residential
11,922
Single Family
10,375
Multi-Family
1,547
Businesses
1,270
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Listed by: Kristy Petty • Brookshire Real Estate
Mls Name: LAR
Mls Provider:
Mls ID: #72461
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.