919 Stephen Ln, La Grange, TX, 78945 | $295/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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919 Stephen Ln, La Grange, TX, 78945 | $295/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in La Grange at 919 Stephen Ln, La Grange, TX, 78945 priced at $325,000 pairs $2,606/mo rent with $295/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,606/mo, and annual cash flow comes to $3,535/yr on $107,738 invested. Return on cash invested is 23.19% in year one, and rental yield stands at 9.62% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 121.65% and total cumulative return in cash reaches $131,065. For financing, Ziffy Mortgage’s DSCR program evaluates $2,606/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1984

0.88 Acres lot

$N/A/sqft

No HOA

More details about the property

3bdrm/2ba home, a guest house sitting on 0.88 acres. The living room features a free-standing fireplace and the formal dining room flows from the kitchen and into the living area. The kitchen and breakfast nook overlook the back deck and above-ground pool. The spacious primary suite has a large walk-in closet and an ADA-compliant bathroom .Above the detached two-car garage/workshop, is a 576 sq ft guest house with two bedrooms and one bathperfect for guests, extended family, or a potential rental. The property also features a half-circle rock driveway, covered parking in front of the garage, covered RV parking, and a storage building. The yard is partially fenced, providing space and privacy while still feeling open and connected to nature. This property offers the perfect blend of functionality, comfort, and country charm. Seller has adjusted the price to $325,000 and is selling the property AS-IS. Bring your vision and make this Clear Lake Pines home shine again.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,435 (100%)
Owner Occupied HU	3,493 (64.3%)
Renter Occupied HU	1,087 (20.0%)
Vacant Housing Units	855 (15.7%)
Median Home Value	$336,798
Average Home Value	$428,576