895 Lindemann RdScotlandTX76379
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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 Scotland at 895 Lindemann Rd, Scotland, TX, 76379 generates $1,453/mo in rent, after a $1,125/mo payment. Total monthly income is $1,453/mo. Return on cash invested sits at 17.05% in year one, and rental yield is 7.58% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 88.74% and total cumulative return in cash sums $67,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,453/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
3.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76379, Scotland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 229 (100%) |
| Owner Occupied HU | 189 (82.5%) |
| Renter Occupied HU | 28 (12.2%) |
| Vacant Housing Units | 12 ( 5.2%) |
| Median Home Value | $148,661 |
| Average Home Value | $206,138 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
23
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Listed by: VANESSA STODDARD • Hirschi Realtors
Mls Name: WFAR
Mls Provider:
Mls ID: #179715
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