Leon LnLoveladyTX75851
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
Rental property for sale in Lovelady at Leon Ln, Lovelady, TX, 75851 priced at $129,000 converts $1,018/mo rent into $51/mo cash flow after a $631/mo obligation. Total monthly income equals $1,018/mo, and annual cash flow totals $613/yr on $42,764 invested. Return on cash invested prints 21.34% in year one, and rental yield reads 9.47% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 112.39% and total cumulative return in cash sums $48,061. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,018/mo property income covering a $631/mo payment, not borrower’s personal income.
Lot
Built in N/A
10.01 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75851, Lovelady, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,281 (100%) |
| Owner Occupied HU | 694 (54.2%) |
| Renter Occupied HU | 214 (16.7%) |
| Vacant Housing Units | 373 (29.1%) |
| Median Home Value | $189,091 |
| Average Home Value | $262,399 |
Housing Distribution
Address Breakdown
Residential
923
Single Family
923
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Makowiecki • RE/MAX Lake Livingston
Mls Name: HAR
Mls Provider:
Mls ID: #63814927
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