1015 Red River StLeague CityTX77573
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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
Investment Highlights
Investment property for sale in League City at 1015 Red River St, League City, TX, 77573 uses $104,423 cash to close to unlock $5,865/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,729/mo, and a $1,542/mo payment keeps the spread at $489/mo. Purchase price stands at $315,000, and rental yield measures 10.4% with $2,729/mo rent. Return on cash invested shows 25.53% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 134.18% and total cumulative return in cash records $140,117. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,729/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2008
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77573, League City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,215 (100%) |
| Owner Occupied HU | 26,640 (69.7%) |
| Renter Occupied HU | 9,939 (26.0%) |
| Vacant Housing Units | 1,636 ( 4.3%) |
| Median Home Value | $363,883 |
| Average Home Value | $407,754 |
Housing Distribution
Address Breakdown
Residential
35,692
Single Family
28,202
Multi-Family
7,490
Businesses
1,556
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Listed by: Jimmy Simien • Simien Properties
Mls Name: HAR
Mls ID: #72809172