893 Lakeshore DrBrookelandTX75931
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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
Rental property for sale in Brookeland at 893 Lakeshore Dr, Brookeland, TX, 75931 offers $2,341/mo rent that, after a $3,323/mo payment. Total monthly income is $2,341/mo. Return on cash invested measures 6.7% in year one, and rental yield stands at 4.14% at a $679,000 entry. Equity gained on principal adds $4,381/yr while 5% annual appreciation compounds into $187,595 by year five. Five-year ROI records 33.19% and total cumulative return in cash reaches $74,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,341/mo property income versus a $3,323/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75931, Brookeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 932 (46.2%) |
| Renter Occupied HU | 148 ( 7.3%) |
| Vacant Housing Units | 938 (46.5%) |
| Median Home Value | $265,132 |
| Average Home Value | $309,654 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,581
Multi-Family
0
Businesses
75
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Listed by: Sammy Scoggin • Coldwell Banker Southern Homes
Mls Name: HAR
Mls ID: #38843791