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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% |
Rental property for sale in Lexington at 913 7th St, Lexington, TX, 78947 generates $1,860/mo in rent, after a $1,468/mo payment. Total monthly income is $1,860/mo. Return on cash invested sits at 16.61% in year one, and rental yield is 7.44% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 86.36% and total cumulative return in cash sums $85,884. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78947, Lexington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 320 (13.5%) |
| Vacant Housing Units | 330 (13.9%) |
| Median Home Value | $321,442 |
| Average Home Value | $408,247 |
Residential
1,818
Single Family
1,794
Multi-Family
24
Businesses
141
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Vicky Wicks-Goggin • Coast to Coast Realty
Mls Name: Unlock MLS
Mls ID: #3501831
