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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% |
Investment property for sale in La Grange at 837 S Franklin St, La Grange, TX, 78945 offers a 10% rental yield on a $327,500 purchase with $2,729/mo rent. Total monthly income registers $2,729/mo, and a $1,603/mo payment leaves $400/mo available for distribution. Annual cash flow reaches $4,800/yr on $108,566 to close, and return on cash invested stands at 24.33% in year one. Equity gained on principal adds $2,113/yr while 5% annual appreciation supports $90,482 over five years. Portfolio math shows five-year ROI at 127.81% and total cumulative return in cash at $138,762. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,729/mo property income against a $1,603/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 9999
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Date | Event | Price |
|---|---|---|
| 2024-07-25 | Listed for sale | $327,500 |
| 2022-07-02 | Listing removed | N/A |
| 2022-06-08 | Pending sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2552.92 | 12.10% | $254,260 | 53.54% |
| 2022-08-14 | $2277.45 | -5.13% | $165,594 | 10.00% |
| 2021-08-14 | $2400.66 | N/A | $150,540 | 3.39% |
Listed by: Joan Coufal • Re/Max First Shot
Mls Name: HAR
Mls Provider:
Mls ID: #61718691
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