7659 S BoardwalkLumbertonTX77657
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 Lumberton at 7659 S Boardwalk, Lumberton, TX, 77657 at $434,900 posts ROI 27.29% with $887/mo cash flow from $3,980/mo rent. Total monthly income equals $3,980/mo, and annual cash flow records $10,644/yr on $144,169 to close. Return on cash invested measures 27.29% and rental yield reads 10.98% at the current $434,900. Equity gained on principal adds $2,806/yr, and 5% annual appreciation supports $120,155 by year five. Five-year ROI prints 143.63% and total cumulative return in cash totals $207,065.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,980/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77657, Lumberton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,451 (100%) |
| Owner Occupied HU | 6,965 (73.7%) |
| Renter Occupied HU | 1,796 (19.0%) |
| Vacant Housing Units | 690 ( 7.3%) |
| Median Home Value | $254,632 |
| Average Home Value | $284,575 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
8,794
Multi-Family
576
Businesses
605
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Nearby investment properties with comparable prices
Listed by: Laurie Kerns • Coldwell Banker Lumberton
Mls Name: BBOR
Mls Provider:
Mls ID: #253778
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is 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.