890 Nash LnLipanTX76462
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 Lipan at 890 Nash Ln, Lipan, TX, 76462 priced at $339,000 converts $2,417/mo rent into $7/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,417/mo, and annual cash flow totals $79/yr on $112,379 invested. Return on cash invested prints 19.98% in year one, and rental yield reads 8.56% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 104.45% and total cumulative return in cash sums $117,376. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,417/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Housing Distribution
Address Breakdown
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
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Listed by: Kristin Arredondo • Cates & Company
Mls Name: NTREIS
Mls ID: #20955628
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.