7640 Wd CtLipanTX76462
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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
Rental property for sale in Lipan at 7640 Wd Ct, Lipan, TX, 76462 priced at $484,999 converts $3,755/mo rent into $306/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,755/mo, and annual cash flow totals $3,671/yr on $160,777 invested. Return on cash invested prints 22.19% in year one, and rental yield reads 9.29% against a $484,999 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,996 by year five. Five-year ROI reaches 116.28% and total cumulative return in cash sums $186,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,755/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Housing Distribution
Address Breakdown
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
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