1019 Spruce StLa MarqueTX77568
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 La Marque at 1019 Spruce St, La Marque, TX, 77568 generates $1,187/mo in rent and, after a $759/mo payment, leaves $84/mo in cash flow. Total monthly income is $1,187/mo, and annual cash flow is $1,013/yr on $51,383 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 9.19% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 114.7% and total cumulative return in cash sums $58,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,187/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
7,736 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77568, La Marque, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,519 (100%) |
| Owner Occupied HU | 6,815 (64.8%) |
| Renter Occupied HU | 2,888 (27.5%) |
| Vacant Housing Units | 816 ( 7.8%) |
| Median Home Value | $275,560 |
| Average Home Value | $313,226 |
Housing Distribution
Address Breakdown
Residential
10,045
Single Family
9,302
Multi-Family
743
Businesses
645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices