751 E Houston StLoveladyTX75851
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
Investment Highlights
Investment property for sale in Lovelady at 751 E Houston St, Lovelady, TX, 75851 earns from $2,312/mo rent with a $1,712/mo payment. Total monthly income totals $2,312/mo. ROI tracks 18.1% on current figures, and rental yield reads 7.93% at a $349,700 purchase. Equity gained on principal adds $2,257/yr, and 5% annual appreciation supports $96,616 over five years. Five-year ROI reaches 94.33% and total cumulative return in cash sums $109,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,312/mo property income instead of your personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75851, Lovelady, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,281 (100%) |
| Owner Occupied HU | 694 (54.2%) |
| Renter Occupied HU | 214 (16.7%) |
| Vacant Housing Units | 373 (29.1%) |
| Median Home Value | $189,091 |
| Average Home Value | $262,399 |
Housing Distribution
Address Breakdown
Residential
923
Single Family
923
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices