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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 La Grange at 749 N Eckel St, La Grange, TX, 78945 priced at $265,000 pairs $2,472/mo rent with $588/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,472/mo, and annual cash flow comes to $7,051/yr on $87,848 invested. Return on cash invested is 27.94% in year one, and rental yield stands at 11.19% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 147.12% and total cumulative return in cash reaches $129,243. For financing, Ziffy Mortgage’s DSCR program evaluates $2,472/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
| 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 |
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Price change | $265,000 |
| 2023-08-07 | Price change | $250,000 |
| 2023-07-20 | Listed for sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $2805.60 | 123.75% | $197,280 | 162.31% |
| 2022-08-30 | $1253.92 | 7.81% | $75,210 | 18.35% |
| 2021-08-30 | $1163.09 | N/A | $63,550 | 2.50% |
Listed by: Terrell Newton • Land Brokers, INC
Mls Name: HAR
Mls Provider:
Mls ID: #92665998
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.
