7748 Cobblestone TerLumbertonTX77657
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
Rental property for sale in Lumberton at 7748 Cobblestone Ter, Lumberton, TX, 77657 priced at $389,900 pairs $3,708/mo rent with $936/mo cash flow after a $1,908/mo payment. Total monthly income equals $3,708/mo, and annual cash flow comes to $11,229/yr on $129,252 invested. Return on cash invested is 28.6% in year one, and rental yield stands at 11.41% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 150.64% and total cumulative return in cash reaches $194,701. For financing, Ziffy Mortgage’s DSCR program evaluates $3,708/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.66 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hershel Manley • HOMETOWN REALTY -- 9005238
Mls Name: BBOR
Mls Provider:
Mls ID: #251155
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.