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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 762 E Walnut St, La Grange, TX, 78945 offers $1,140/mo rent that, after a $1,057/mo payment. Total monthly income is $1,140/mo. Return on cash invested measures 13.28% in year one, and rental yield stands at 6.34% at a $215,900 entry. Equity gained on principal adds $1,393/yr while 5% annual appreciation compounds into $59,649 by year five. Five-year ROI records 68.52% and total cumulative return in cash reaches $49,040. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $1,057/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.35 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jerri ann Taylor • Diggs Real Estate
Mls Name: Unlock MLS
Mls ID: #9374150
