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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% |
Investment property for sale in Damon at 100 Mulcahy St #264, Damon, TX, 77430 offers a 2.88% rental yield on a $749,999 purchase with $1,802/mo rent. 89% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 12.74% and total cumulative return in cash at $31,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
3.11 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77430, Damon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,030 (100%) |
| Owner Occupied HU | 704 (68.3%) |
| Renter Occupied HU | 107 (10.4%) |
| Vacant Housing Units | 219 (21.3%) |
| Median Home Value | $423,077 |
| Average Home Value | $443,864 |
Residential
729
Single Family
729
Multi-Family
0
Businesses
27
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $749,999 |
| 2025-04-03 | Listing removed | $750,000 |
| 2024-12-11 | Listed for sale | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $130.96 | N/A | $10,900 | N/A |
Listed by: Marissa VanDeWalker • Better Homes and Gardens Real Estate Gary Greene - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #96128813
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