Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Somerville at 1003 Silver Ore Rd, Somerville, TX, 77879 at $290,000 posts ROI 26.71% with $545/mo cash flow from $2,618/mo rent. Total monthly income equals $2,618/mo, and annual cash flow records $6,537/yr on $96,135 to close. Return on cash invested measures 26.71% and rental yield reads 10.83% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 140.57% and total cumulative return in cash totals $135,136.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,618/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2020
0.57 Acres lot
$N/A/sqft
$137 annually HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| 2023-10-13 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | N/A | N/A | $7,225 | 27.27% |
| 2022-08-13 | $92.08 | 33.35% | $5,677 | 46.69% |
| 2021-08-13 | $69.05 | N/A | $3,870 | 5.25% |
Listed by: Melissa Flencher • Armstrong Properties
Mls Name: BCSMLS
Mls Provider:
Mls ID: #23012898
Disclaimer: IDX information is provided exclusively for 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.
