8347 Fm 2021LufkinTX75904
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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
Investment property for sale in Lufkin at 8347 Fm 2021, Lufkin, TX, 75904 uses $38,123 cash to close to unlock $685/yr annual cash flow and $57/mo monthly cash flow. Total monthly income runs $875/mo, and a $563/mo payment keeps the spread at $57/mo. Purchase price stands at $115,000, and rental yield measures 9.13% with $875/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 113.82% and total cumulative return in cash records $43,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $875/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75904, Lufkin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,903 (100%) |
| Owner Occupied HU | 8,390 (56.3%) |
| Renter Occupied HU | 5,191 (34.8%) |
| Vacant Housing Units | 1,322 ( 8.9%) |
| Median Home Value | $212,912 |
| Average Home Value | $275,380 |
Housing Distribution
Address Breakdown
Residential
15,076
Single Family
12,702
Multi-Family
2,374
Businesses
915
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Listed by: Terri Allen • Terri Allen Real Estate & Property Management LLC
Mls Name: LAR
Mls Provider:
Mls ID: #5104145
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.