102 McLendonSomervilleTX77879
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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 Somerville at 102 McLendon, Somerville, TX, 77879 with 5% annual appreciation on a $199,950 basis while $1,714/mo rent supports operations. Total monthly income totals $1,714/mo and a $979/mo payment preserves $257/mo for cash returns. Annual cash flow comes to $3,081/yr on $66,283 deployed, and return on cash invested reaches 24.56% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,243 alongside rental yield of 10.29%. Five-year ROI measures 129.22% and total cumulative return in cash totals $85,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,714/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.75 Acres lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
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Listed by: Kristy Parker • TX SOLD, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1770904
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.