929 Water Well RdLufkinTX75901
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
Investment property for sale in Lufkin at 929 Water Well Rd, Lufkin, TX, 75901 with 5% annual appreciation on a $314,900 basis while $2,339/mo rent supports operations. Total monthly income totals $2,339/mo and a $1,541/mo payment preserves $100/mo for cash returns. Annual cash flow comes to $1,200/yr on $104,389 deployed, and return on cash invested reaches 21.06% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $87,001 alongside rental yield of 8.91%. Five-year ROI measures 110.2% and total cumulative return in cash totals $115,042.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,339/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75901, Lufkin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,194 (100%) |
| Owner Occupied HU | 7,149 (58.6%) |
| Renter Occupied HU | 3,962 (32.5%) |
| Vacant Housing Units | 1,083 ( 8.9%) |
| Median Home Value | $199,809 |
| Average Home Value | $292,205 |
Housing Distribution
Address Breakdown
Residential
11,922
Single Family
10,375
Multi-Family
1,547
Businesses
1,270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Williams • Keller Williams Realty Livingston
Mls Name: HAR
Mls Provider:
Mls ID: #26273857
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.