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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 Lipan at 7720 Wd Ct, Lipan, TX, 76462 generates $1,720/mo in rent and, after a $1,099/mo payment, leaves $123/mo in cash flow. Total monthly income is $1,720/mo, and annual cash flow is $1,480/yr on $74,422 invested. Return on cash invested sits at 21.9% in year one, and rental yield is 9.19% on a $224,500 entry. Equity gained on principal adds $1,449/yr, while 5% annual appreciation builds toward $62,025 over five years. Five-year ROI reaches 114.77% and total cumulative return in cash sums $85,412. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,720/mo property income rather than buyer’s personal income.
Manufactured
Built in 2013
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| 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 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $224,500 |
| 2024-09-30 | Listing removed | $225,000 |
| 2024-08-03 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | $1815.76 | -42.64% | $221,110 | -4.73% |
| 2023-02-11 | $3165.62 | 4.84% | $232,080 | 23.47% |
| 2022-02-11 | $3019.41 | 16.45% | $187,970 | 24.38% |
Listed by: Anne Land • Anne Land Real Estate
Mls Name: NTREIS
Mls ID: #20837972
Disclaimer: IDX information is provided exclusively for 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.
