1017 Glen Lake CtEagle LakeTX77434
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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 Eagle Lake at 1017 Glen Lake Ct, Eagle Lake, TX, 77434 uses $61,328 cash to close to unlock $5,027/yr annual cash flow and $419/mo monthly cash flow. Total monthly income runs $1,734/mo, and a $905/mo payment keeps the spread at $419/mo. Purchase price stands at $185,000, and rental yield measures 11.25% with $1,734/mo rent. Return on cash invested shows 28.11% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 148.03% and total cumulative return in cash records $90,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,734/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1983
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Housing Distribution
Address Breakdown
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
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Listed by: Susana Ortiz • Walzel Properties - Corporate Office
Mls Name: HAR
Mls ID: #92917079