844 W Lake DrStamfordTX79520
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
Investment property for sale in Stamford at 844 W Lake Dr, Stamford, TX, 79520 at $289,500 posts ROI 32.15% with $979/mo cash flow from $3,038/mo rent. Total monthly income equals $3,038/mo, and annual cash flow records $11,751/yr on $95,969 to close. Return on cash invested measures 32.15% and rental yield reads 12.59% at the current $289,500. Equity gained on principal adds $1,868/yr, and 5% annual appreciation supports $79,984 by year five. Five-year ROI prints 169.73% and total cumulative return in cash totals $162,891.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,038/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79520, Hamlin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,160 (100%) |
| Owner Occupied HU | 638 (55.0%) |
| Renter Occupied HU | 201 (17.3%) |
| Vacant Housing Units | 321 (27.7%) |
| Median Home Value | $62,703 |
| Average Home Value | $94,126 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
133
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