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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 Eddy at 805 Lusk Creek Rd, Eddy, TX, 76524 generates $2,720/mo in rent, after a $2,932/mo payment. Total monthly income is $2,720/mo. Return on cash invested sits at 10.63% in year one, and rental yield is 5.45% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 54.3% and total cumulative return in cash sums $107,014. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,720/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
12.68 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood data shown for ZIP Code: 76524, Eddy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,117 (100%) |
| Owner Occupied HU | 889 (79.6%) |
| Renter Occupied HU | 153 (13.7%) |
| Vacant Housing Units | 75 ( 6.7%) |
| Median Home Value | $281,391 |
| Average Home Value | $316,431 |
Residential
1,036
Single Family
1,036
Multi-Family
0
Businesses
41
Date | Event | Price |
|---|---|---|
| 2024-07-15 | Listing removed | N/A |
| 2024-06-24 | Listed for sale | $520,000 |
| 2024-06-20 | Contingent | $520,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1896.46 | N/A | $525,360 | 1.10% |
| 2023-07-01 | N/A | N/A | $519,620 | 9.07% |
| 2022-07-01 | $2061.45 | -24.30% | $476,400 | 102.84% |
Listed by: Meredith Croyle • Camille Johnson
Mls Name: NTREIS
Mls ID: #20985674
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.
